UK

Majedie UK Income

Angry workers and tax-hungry governments pose the biggest risks to equity income investors, Henderson Global Investors' Ben Lofthouse has said.

The Investment Management Association is right to enforce rules forcing low-yielding funds out of the equity income sector, according to Allianz's Simon Gergel.

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.

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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.