Mark Barnett's income portfolios hit with further outflows - reports

In the wake of more than £1bn of outflows from three of Barnett's (pictured) portfolios in the fourth quarter of 2019, the manager wrote to investors last month to ensure them that liquidity concerns are a "significant area of consideration" for the fund's management. As a so-called protégé of Neil Woodford, Barnett has been under the spotlight for liquidity concerns over the last year, following the collapse of Woodford Investment Management. There are also concerns about performance, with Barnett's High Income and Income funds, which were both formerly managed by Woodford, trailing ...