handful of stockpicking uk equity income managers have outperformed sector average during the bear market of the past three years
A handful of UK equity income funds have demonstrated the art of informed stockpicking within a protracted bear market. Only nine funds in the sector made a positive return over the three years to the end of January, posting bid-to-bid gains of 1.89% to 16.43%. Another 64 posted negative returns, ranging from -0.6% to -74.51%, bid to bid. Rathbone Income is one fund that has delivered good returns in depressed conditions by deploying a more stock-specific strategy. Of 73 UK equity income funds, only Credit Suisse's income retail and monthly income funds outperformed the Rathb...
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