Fund investing: Why the turbulence is more memorable than the landing

There are almost too many old adages when it comes to investing but 2011 was the year that reaffirmed the importance of diversification. The last 12 months proved to be the proverbial rollercoaster ride for investors, but unlike other volatile periods over the past few years, 2011 proved to be volatile almost regardless of which asset class investors had exposure to whereas previously most volatility had been confirmed to equity markets. It was a year of two halves, with the first half favouring equities and the second half anything but. However when the referee blew the final whistle on...