Which fund sectors were the winners and losers in 2015?

Investors had to negotiate challenging times in 2015, but which sectors were the ones to back, and where was best avoided?

Looking back on 2015, for many investors the pivotal event was August's Black Monday sell-off, as long-standing concerns about a slowdown in China turned into a market rout following the country's shock renminbi devaluation.  Perhaps unsurprisingly, emerging market and Asia sectors were the worst performers last year as spooked investors pushed outflows to record highs. Some buyers chose to return to the region after the August sell-off, but others were far more cautious as tumbling commodity prices and jitters over the impact of a looming US interest rate rise continued to weigh on sent...