If you’ve been investing in equities, you’ll have noted that the past year has seen ever changing leadership between growth and value. So it’s little surprise that blended funds, which combine both worldviews, have seen enormous amounts of inflows in recent months.  Frank Talbot runs the rule over the sector while Nisha Long maintains the flows theme with a look at the bond funds which have enjoyed huge inflows or have seen the money flow out by the billions.  Angus Foote wonders whether traditional asset allocation has had its day and Richard Lander asks the questions. For a bit of background reading, you might want to read Simon Evan-Cook’s column on the optimum size for a fund.  Producer: Adam Fahy