Schroders' Noffke cuts 'value trap' stocks in Income portfolio

Oil exposure reduced in latest reshuffle

clock • 3 min read

Sue Noffke, head of UK equities at Schroders, sold out of BT in the Schroder Income Growth fund in January in the belief it had the potential to become a value trap.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot