Short-term interest rates will probably creep up, one fund manager says, but longer-term rates will stay down
Financial services equity was the worst performing fund category
Investors may be ignoring solid company fundamentals, says a manager of one science and technology mutual fund
Internationl equity fund managers also have to deal with the poor fiscal condition of many European countries
Stronger loonie trims U.S. equity gains
Foreign equity categories post the worst losses
But demand from emerging economies, the spectre of inflation and scarcity of supply suggest a brighter future
Active funds fared better in other fund categories
Canadian fixed-income markets proved to be a source of relative safety
But risks remain. “We need to see the real economy become sustainable," says one fund manager