How US managers weathered the storm

Over the past 12 months, sentiment towards the IMA North America sector has been extremely volatile due to a variety of global financial and macroeconomic fluctuations. In February 2011, it was one of the top five best-selling IMA sectors, with net inflows of £216m. Three months later it was the worst-selling, with outflows of £153m. However, despite being a sector of continuous instability, managers are confident about the future of the region. One sector which has proved resilient throughout the downturn is information technology. Grant Bughman, client portfolio manager of the UB...