PureGroup: The macroeconomic issues impacting UK equity income funds in the new post-Brexit era

Investors should select active managers for diversity

There is no getting away from the enduring global trend for investors seeking yield, writes Patrick Murphy, founder of PureGroup.

Partner insight This has historically played well for managers in the UK equity income sector as the UK represents a strong and stable dividend equity market. Over the past decade this sector has attracted far greater inflows than the IA UK All Companies sector, despite a number of well-known managers moving to this latter sector in recent years.  The reason for this is that investors quite simply find equity dividends are variable, currently relatively attractive, and importantly have the potential to rise during expanding inflation cycles.   How concerned should investors be a...