Global equity and bond funds have taken the two top spots as the worst sectors in Chelsea's RedZone, which highlights the worst-performing vehicles over a three-year period.
The Chelsea RedZone analyses the three-year performance of Investment Association funds and singles out the worst culprits. Its most recent analysis found funds the IA Global and Global Bond sectors have come out the worst, with some £40bn of assets sitting in these two categories. The IA Global sector had 24 funds featured, worth a total of £10.7bn, while there were 15 funds from the IA Global Bond sector, totalling £30.5bn. IA Global Emerging Market Bond was the third-worst sector in terms of assets, with £8.5bn worth of funds on the list, though the UK All Companies sector came...
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