BlackRock's Avigdori falls into Sanlam's Black List

BlackRock's £364m UK Income fund, run by Adam Avigdori, was one of the largest mandates to be added to the Black List after its latest yearly return and dividend failed to impress. Sanlam's list rates the best and worst of the income universe, using seven criteria to determine the funds to buy and the funds to avoid. Paul Surguy (pictured), author of the White List and head of managed funds at Sanlam, said the fund had experienced a "very weak year" which saw its dividend yield come in well below the average payout. Other new additions to the Black List were the JPM UK Higher Incom...