The departure of Newton's Asian Income manager Jason Pidcock came as a shock to fund buyers earlier today, but what are the options for those wishing to move their cash?
The manager, who has run the £4.4bn portfolio since its launch in 2005, is to join Jupiter and set up an Asian income strategy for the firm after a period of gardening leave. With a new product not likely to be launched during the remainder of 2015, fund buyers may be looking at alternatives in the space. At a time when dividends in the UK are low and changes to pension legislation means investors' appetite for income is at all-time high, Asian equity vehicles are increasingly popular. Here, Investment Week takes a look at alternative funds offering income in the Asian equity space...
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