Troubled investors search for theme

Investor moves and a lack of direction in markets mean that for the first time in many years the unit trust industry lacks an obvious sales message. Disappointing equity markets are leading some to believe that income funds will continue to rise and corporate bonds will play a part of the next trend, while others are expecting the resurgence of a sectoral theme, such as healthcare. Over the past decades, clear investment trends have emerged, which have determined the funds that are pushed forward by fund management houses. Kristine Bryan, manager of the Schroder Medical Discovery fund...