Are investors right to snub UK funds?

The popularity of funds in the IMA UK All Companies sector has been mixed during the past few years, as the health of the UK economy weighs heavily on investors’ minds. Last year began on a positive note.  Looking as though it would escape the woes of 2010 when the sector was the worst-selling of the year, January 2011 saw inflows of £156m, making it the highest selling sector of the month. However, the optimism did not last long as sales started to dip in May; £104m left the sector that month. This trend continued and the sector topped the worst selling list in both July and October....