Chasing returns: Are investors buying funds at the wrong time?

Research conducted by Professional Adviser's sister title Investment Week has examined the performance of the best- and worst-selling Investment Management Association (IMA) sectors in the months following their move to the top (or bottom) of the sales charts. The numbers reveal several notable anomalies suggesting investors could be buying the wrong sectors at the wrong time. UK All Companies The most glaring discrepancy centres on UK equity funds. The UK All Companies sector has spent the last four years firmly out of favour with investors, having been the worst-seller for 2010, 2...