UK

'May see success of unpopular calls once again'

Opportunities in domestically oriented stocks

UK equities had a positive start to 2019. While this can be partly viewed as a rebound after 2018's difficult final quarter, what is likely to have been most significant is an extraordinary U-turn by the US Federal Reserve.

AUM dropped 6%

Total net inflows of £42.6bn

Absolute return ‘continues to disappoint’

Fall of £7.5bn in AUM

Fund will now focus on higher yield and will increase its number of holdings

David Clark returns to fund management

As UK equity income investors, one sector we have found attractive is data or information service providers, which offer services to either corporates or consumers.