UK

There has always been a demand for income, but in the past decade, the hunt for yield has become more challenging due to the ultra-low interest rate environment.

Sub-advised by Baillie Gifford and Marathon Asset Management

Worst quarterly performance in Q3 for three years for UK dividends

Disrupters, tech leaders and global-facing stocks

Brexit discount means strong stocks are cheap

Buys IP Group at 13% discount

Managed by newly-appointed Matthew Norris

Business has diversified to four portfolio management teams

Recent history has been challenging for income-seeking investors.

Investing when companies are raising money