Beagles calls UK equity income revival

He believes the tide has turned in favour of value-orientated investors that could signal a revival for the sector, which lost around £8.6bn in funds under management in the six months to June, according to the IMA. In terms of performance, the sector has registered an average loss of 17.96pc in the past year (bid-to-bid, according to Lipper, 31.07.08). Beagles' own JOHCM UK Equity Income fund has slipped to just £135m under management, compared to around £550m a year ago, though this period includes redemptions triggered by his decision to take a six month sabbatical taken between Octob...