The global opportunities driving managers' income portfolios

Delegates at Investment Week's regional briefings in Edinburgh and Manchester heard from a number of global equity income fund managers who discussed the stock and sector tailwinds boosting their portfolios in 2016 and the risks challenging their investment strategies.

James Dow, fund manager, Baillie Gifford Global Income Growth fund What is your investment approach on the fund? We focus on finding companies with strong prospects of growing their earnings and cashflows on a five-to-ten year horizon, with healthy dividends along the way. Often we are asked 'how can a company grow and pay dividends at the same time?' The answer is because certain companies require little capital to grow. If you look at our portfolio you will see few of the capital-intensive businesses that are often found in income funds - telecoms and oil, for example. The other...