Staunch contrarian Bill Mott is again bucking a trend in the IMA UK Equity Income sector, boosting the number of holdings in his PSigma Income fund in a bid to capture a thematic-based market revival.
As many income managers reacted to 2008's market carnage by reducing their holdings, Mott took the number of stocks in his fund from 100 a year ago to 118. In gradually downsizing his bank weighting...
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