The Newton Income Fund managed by Robert Shelton has been awarded an frAAA-rating for the tenth cons...
The Newton Income Fund managed by Robert Shelton has been awarded an frAAA-rating for the tenth consecutive year. Standard & Poor's confirmed that no fund manager has equalled Shelton's 10 consecutive frAAA ratings since it began rating funds in 1990. The research group praised Shelton, who has been running the fund since March 1988, in its recent UK Growth fund report. With his contrarian stance and his focus on unfashionable areas of the market, Shelton has steered the £1.017bn fund to rank 28 out of the 235 funds in the UK All Companies sector over the three years to 11 October. Over...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes