Top UK equity income managers tell Charlotte Richards which stocks and sectors they are backing.
At the beginning of August, the Bank of England cut its forecast for economic growth for 2012 to almost zero. This came a fortnight after data from the Office for National Statistics showed the UK economy shrank by 0.7% in the second quarter of the year. This gloomy picture was very different to the one painted in May when the Bank predicted growth of 0.8% and governor Mervyn King claimed the UK would be "unscathed" by the eurozone storm. Amid the negative news and ensuing uncertainty, the popularity of UK Equity Income funds has fluctuated. While the first six months of the year saw ...
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