Inglis-Jones looks to Europe for income for first time

Liontrust's James Inglis-Jones has bought into Continental Europe in his £341m Income fund for the first time since taking it over from Jeremy Lang and William Pattisson in 2009.

Inglis-Jones also manages Liontrust’s £61m European Growth fund and has transferred some of his European stock picks over to the Income fund, boosting its exposure to Europe from zero to 17%. Inglis-Jones and co-manager Gary West are also changing positions in the Income fund to ensure individual stocks are more equally weighted. The portfolio can have up to 20% in non-UK stocks but up to now the fund has been focused just on the UK market. “We have aimed over the past three years to gradually make the income portfolio to more in line with other portfolios, in terms of having a more e...