Sector report: top fund picks from IMA Mixed Investment (40-85%)

According to the IMA sector definition, funds in the Mixed Investment 40-85% Shares sector are required to have a range of different investments. However, there is scope for funds to have a high proportion in company shares (equities). See box opposite for the full classification. Generally, the funds are managed from a global perspective, with most managers holding a core weighting in UK equities and fixed interest. Managing such portfolios in the past three years has been difficult because of the nature of financial markets and the correlation of both asset classes and sectors. T...