Neptune's Geffen leaps to top of Sanlam Income Study White List

Half of the largest funds in Sanlam's White List, which calculates the best-performing largest funds in the UK Equity Income sector over a five-year period, were replaced, which Sanlam UK said was much higher turnover than usual. However, its Black List of the worst performers was more stable. Geffen's fund produced a return of 5.6% in the year to 30 June 2019 - a period when many of its peers struggled - to lift it from the Grey List to top of the charts. This comes following the announcement that Liontrust has acquired Neptune for £40m with Geffen and the Income fund moving acros...