JPM moves Multi-Asset Income into Cautious Managed sector

Managers Michael Schoenhaut, Talib Sheikh and Neill Nuttall have also introduced emerging market income stocks to the portfolio as well as a covered call strategy to boost income. The fund is yielding 4.9% and has returned 10.6% over the year to 15 July, ranking it 33 out of 152 funds in the sector, according to Morningstar. The average return from Cautious Managed funds over the same period was 8.6%. Olivia Mayell, client portfolio manager said: “As the fund is unconstrained, it allows us to invest where we see the very best opportunities for income and to potentially avoid underperf...