What have been the worst-performing investment companies during the sell-off?

Energy stocks and smaller companies hit hardest

Investment companies with exposure to energy markets and small-cap stocks have been hardest hit during the recent market falls, data from FE fundinfo shows.

Stock markets and commodity share prices have plunged over the course of the past three weeks on widespread concerns about the scope of Covid-19, leading share prices lower. The MSCI World index narrowly avoided slipping into bear market territory, but fell almost 19% between 20 February and 9 March. Brent crude oil, meanwhile, has slumped 42% on tensions between Saudi Arabia and Russia, further testing markets. Simon Elliott, research analyst at Winterflood Securities, called the market sell-off "dramatic", noting that "fundamentals appear to have been put to one side" despite the...