UK funds: Time to diversify after strong run?

YEAR IN REVIEW

Ken Rayner, director at Rayner Spencer Mills, discusses a year in UK All Companies and gives his outlook for the next 12 months in the sector.

For the first time in several years, 2013 saw investors in onshore mutual funds return in force to equities after a long period of investing in bonds and more defensive assets. The IMA statistics illustrate that in October, for the first time since April 2004, the IMA All Companies sector was the best-selling net retail sector. Investors’ confidence has grown in 2013 and, although there has not been the huge rotation from bonds into equities many observers had predicted, the tide definitely turned back towards equities for the retail investor. Since the crisis During the period f...