The trend of slowing dividends from the blue chip income stalwarts is well underway, and Tesco is next in line. The business faces 'significant' cuts to its margins and the dividend may be slashed too, predicts EEA FM's David Urch.
Former Martin Currie manager Scott McKenzie has joined Saracen Fund Managers, after taking a five-year break from the industry.
Dividend growth has slowed in recent months, dragged down by FTSE heavyweights. But do not be fooled: some FTSE players are preparing for dividend increases, explains OMGI's Stephen Message.
Net retail sales of UK equity income funds hit a record high of £1.4bn last month, according to the Investment Management Association, as Neil Woodford's new fund provided a boon to the sector.
Top-performing Neptune mid-cap manager Mark Martin has been adding to ex-FTSE 250 companies following the latest index shake-up.
Chelverton Asset Management is to launch a small-cap fund in September after expanding its team of fund managers.
The St James's Place UK High Income fund and two other portfolios have become the latest to exit the IMA UK Equity Income sector for failing to meet yield requirements.
Williams plans to double holdings as Miton UK Smaller Companies soars
Mark Barnett's Invesco Perpetual Income and UK Strategic Income funds are to exit the IMA UK Equity Income sector in the next few days.