The funds hit by the coronavirus sell-off

UK, US and energy funds suffer

David Brenchley
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The funds hit by the coronavirus sell-off

Almost all sectors in the Investment Association (IA) universe suffered heavy losses last week as equity markets sold off amid increasing coronavirus concerns, data from FE fundinfo shows.

As the COVID-19 virus spread around the world, investors panicked, with around $5trn of value wiped off stocks globally as the MSCI World index fell by around 6%. While the IA UK Smaller Compani...

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