Best performer was the precious metals equity fund index
Some fund managers say that Japan, a long-time laggard, is outperforming other Asian countries
One energy fund manager cites the growing demand from China and emerging markets
Fixed income funds lose ground
Foreign equity funds show mixed results
Small-cap managers post better performance
Many income trusts have converted to corporations in anticipation of taxation method changes in 2011
Managers of high-yield bond funds say the markets are moving back to “more normal” conditions
Fixed-income funds pick up the slack
Some fund managers are positive, but others are hedging their bets by lightening up on equities