What's Hot? M&G's Stuart Rhodes on five years of outperformance

The M&G Global Dividend fund has gone from a standing start five years ago to one of the default global equity income funds today. Strong performance and a coherent process has seen the fund garner over £6bn in assets. But with its focus on quality businesses, cash flow and a growing dividend stream, will it have sufficient flexibility to cope with any shift in the market environment to more cyclical areas? The premise of the fund was clear from the outset - to target global companies that had a track record of consistently raising their payouts to shareholders. His research sugges...