Mark Barnett is back on the scene with the launch of a new vehicle, the Tellworth UK Income and Growth fund. Laith Khalaf assesses the prospects...
Mark Barnett ended his long career at Invesco under a cloud of significant underperformance, following his replacement as investment manager on both the Edinburgh investment trust and the Perpetual Income and Growth trust. The new Tellworth UK Income and Growth fund is a blend of old and new. Gone are the unquoted holdings which caused so much turmoil for investors of both Barnett and his predecessor on the Invesco funds, Neil Woodford. Likewise, there is a strict limit of 20% on smaller companies within the portfolio. But the investment philosophy is fundamentally the same, looking f...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
