A number of high profile UK equity income funds are at risk of being ejected from the Investment Management Association (IMA)’s UK Equity Income peer group next July, when a long-running review of the sector ends.
Funds must have achieved the IMA’s basic yield target of 110% of the FTSE All Share yield over a three-year rolling period to remain in the UK Equity Income sector. They must also run an income level...
Fifth fund in $40bn range
Favouring oil sector
Decade of uncertainty after Brexit
Recent calls for tighter remuneration rules