Interesting chart pointed out by Claude Walker this morning, showing the poor performance by top fund managers (should AMP be in that list?) over the last five years:

I’ve added fund managers to my ‘Sectors to Avoid’ list. I’m curious if there are any that members here disagree with, or others that deserve to be added?

Sectors to Avoid:

Aged Care

Agriculture

Airlines

Biotech

Childcare

Construction

Fund Managers

Insurance

Mining Explorers

REITs

Telecoms