Should investors turn to hybrid funds for returns?

EQUITY INCOME

Are hybrid funds the answer to protect against external shocks such as BP's dividend suspension? asks The Co-operative's Andrew Moffat

While the mainstream media has focused on obvious victims of BP’s leaking well in the Gulf of Mexico such as oil-covered birds and fisherman unable to work, the implications to investors are set to be equally far reaching. Not only is the spill likely to result in a watershed in new environmental legislation, it will draw attention to flaws in the approach being taken by many of the UK’s most popular sectors to invest. It could even trigger a comeback for funds in a sector that investors seem to have long turned their backs on. The disaster has caused two well-publicised issues for in...