Equities

Invesco Perpetual's £600m Income & Growth fund is to move out of the Investment Association's UK Equity Income sector after failing to meet the trade body's yield requirements.

The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.

This week's smartest investment commentary... condensed

How times have changed in UK Equity Income

JOHCM's Clive Beagles has seen his UK Equity Income fund demoted in Sanlam Private Investments' latest Income Study, while AXA Investment Management's George Luckraft has moved on to the recommended list.

Why, when it comes to fund size, bigger is rarely better

This week's smartest investment commentary

Peter Lees has resigned from F&C, two months after handing over his UK equity fund to other managers.

Nick Train has a growing level of M&A activity in recent years has forced him to add non-benchmark holdings to his UK equity portfolios.

Aberdeen Asset Management suffered worse-than-expected outflows of £4.8bn in the final quarter of 2014 as poor emerging market sentiment weighed on its funds.