Q&A: Ashby's beginners' guide to equity income

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Well-publicised problems facing the banking sector and BP have deprived UK equity income managers of some traditional big dividend payers.

Despite this the sector has a proud long-term track record and Graham Ashby, head of UK equities at LV Asset Management, suggests it is an investment style which will reward investors in the future Q. What exactly is UK equity income? A. UK equity income funds are equity funds that invest in companies that traditionally offer a decent dividend yield but also dividend growth. Q. And is this a product for all environments? A. It really is. If you look over the longer term equity income funds have done better than those in the All Companies sector because they capture those positive attrib...

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