The income fund managers taking punchiest stock positions

New research compiled by IFAonline's sister title Investment Week using FE data highlights the large positions taken by some of the biggest funds, with managers in the sector approaching the maximum permitted allocation to individual stocks of 10% for a UCITs fund. They are also holding significant overweights to certain names relative to the FTSE All Share. With many funds taking the same big positions, some managers in the UK Equity Income sector have started to reduce holdings to avoid a BP-style collapse which caught out some managers previously.   Common overweights Many of ...