UK Equity Income

Back in 2000, the privatised utilities were a somnolent bunch, unattractive in contrast to the fireworks of the TMT bubble.

Investigation ongoing

The sustainability of UK equity income streams has been called into question, with underlying dividends across the market falling by almost 3% on a constant currency basis during Q3 – the worst quarterly performance for three years.

Effective date 21 January 2020

UK equities exposure rose by between 3%-5%

Higher levels of 'maturity and understanding' required

Concerns raised following Equity Income fund closure

Investor urges fund group to be more cautious on promoting funds

Among the most shorted stocks in the FTSE 100

Final fund of beleaguered manager