Morningstar has revealed the UK equity income sector has haemorrhaged £15.3bn since January 2016, with only a single month showing positive net flows since April 2016.
In a new report, UK Equity Income Funds Struggling to Retain Assets, Morningstar said poor performance was to mostly blame for the losses. Assets under management in the sector were £64bn in April 2019,...
Scope for change post-Brexit
To tackle liquidity issues
More than £100m in pipeline
Results published last week
'Heavily influenced by Morningstar'