Woodford planning higher income fund launch
Neil Woodford is considering launching a ‘higher income’ fund to be run alongside the £9bn Woodford Equity Income Fund he launched in 2014.
Neil Woodford is considering launching a ‘higher income’ fund to be run alongside the £9bn Woodford Equity Income Fund he launched in 2014.
Liontrust’s Steven Bailey has indicated that not all fund houses agree with the Investment Association’s plans to reconsider the criteria for inclusion in its equity income sectors.
The Investment Association has launched a consultation on possible changes to the rules applied to its equity income sectors.
There are signs that high yields are tempting investors back to commodities-focused investment trusts, but analysis group Stifel warned that current yields may not be sustainable.
In an environment where bond yields are drying up, equity income is beginning to feel the heat and the threat of a liquidity crisis stalks silently in the background, it is becoming increasingly difficult to generate income.
Columbia Threadneedle Investments’ Leigh Harrison has handed control of Threadneedle UK Equity Income to Richard Colwell, the firm has announced.
James Klempster, portfolio manager at Momentum Global Investment Management, questions whether dividend yields are too high.
Barclays is making progress, as demonstrated by its 25% H1 2015 profit surge, says JPMAM’s James Davidson, but is still two years away from warranting income investor interest.
Old Mutual Global Investors has responded to the growing Asian dividends landscape by converting its Asian equities fund into an income fund.
Equity income investors must avoid “illusory” company valuations by ignoring everything except cash flow, says Artemis’ Adrian Gosden.
The UK stock market may have gone up too fast, too soon, according to Smith & Williamson’s Tineke Frikkee.
Looking at the figures, the Woodford Effect is somewhat obvious as investors placed their money behind a fund manager pulling out of the All Companies sector. But what do these high inflows mean for income investors?