Despite its launch being labelled a challenge to the UK Equity Income sector when HL Select UK Income Shares came to market on 2 March, the £205m fund has significantly underperformed in its first year.
Managed by Steve Clayton, the fund has lost 7.2% since launch versus the average return of 2.4% in the IA UK Equity Income sector. The poor performance was largely driven by the fund's investment in...
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets
Appetite has suffered since Brexit vote
'Failure to pay attention can result in enforcement'