Uk Equity Income
The secret to achieving consistent income
Volatility is one of the key metrics we use to gauge a fund’s risk level, but what if you’re investing for income? A fund’s volatility is measured on a total return basis, so will not tell you how reliable it is in terms of both paying out and growing a steady dividend.
OMGI’s Meier: We will not touch unlisted or esoteric stocks
Ed Meier, manager of the Old Mutual UK Equity Income fund, explores the FTSE 350 and small caps for portfolio ideas to generate 110% of the All-Share yield, but he will not be drawn to esoteric and unlisted names.
Cholwill adds UK utilities on ‘overstated’ renationalisation fears
Royal London Asset Management’s Martin Cholwill has added to water stocks over Q1 in his £1.9bn UK Equity Income fund stating renationalisation fears are overblown, while he repeats views held by Neil Woodford and Richard Buxton that corporate M&A activity highlights opportunities in UK companies.
Investec’s Hutchins: ‘We live and die by our long-term performance’
Born into a family of professional tennis players, Blake Hutchins has chosen to channel his competitive edge into fund management, and despite being relatively new to the job, he is already promising to be a smash.
Woodford, Rathbones and Trojan disappoint in FE ratings
Neil Woodford’s flagship Equity Income fund was downgraded in FE’s latest rebalance from five crowns to just one, six months after receiving the debut accolade.
Frikkee to leave Smith & Williamson while bond manager retires
Smith & Williamson has re-shuffled manager duties on its UK Equity Income and Fixed Interest funds following the announcement that respective lead managers Tineke Frikkee and John Anderson are leaving the group.
Inflows into strategic bond funds surge in October
Fund flows into Sterling Strategic Bonds surged in October, as investors continued to show caution on the outlook for UK equities.