Sector funds are in vogue as emerging markets struggle to recover
A mainstay in most US portfolios, sector funds are increasingly making waves in UK and European financial circles. Industries may take their turn in the limelight, but investors who have caught the latest fads, particularly in technology, financial services and pharmaceuticals, have profited handsomely. For fund managers, it means poring over company information in greater detail and selecting their stocks even more carefully to capitalize on the latest fashion craze before it hits the catwalk.
‘Sector
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