One to Watch: Evenlode Income

Evenlode Income

FE Research casts an eye across the investment universe to find lesser-known funds for your portfolios

Evenlode Income was unknown in the mainstream as little as six months ago, but the Jupiter Merlin team's decision to add the fund across its range has put it on the map. Assets have increased from as little as £45m in January this year to £184m, and we think this growth could be set to continue if manager Hugh Yarrow continues to deliver on his strict investment process. Yarrow runs a high conviction portfolio of just 30 companies, with the top ten alone counting for 55% of AUM. He has very strict criteria, only investing in companies that generate a high return on capital, have stron...