High conviction approach gives McLeod-Clarke edge with award-winning team

FUND MANAGER FOCUS

BlackRock UK Income manager discusses how defensive positioning post-Lehman collapse helped land 2010 IW Fund Manager of the Year Award

Nick McLeod-Clarke and Adam Avigdori were named UK Equity Income Manager of the Year for their BlackRock UK Income fund at Investment Week’s 2010 Fund Manager of the Year Awards earlier this month. Since assuming control of the fund in February 2007, McLeod-Clarke’s flexible and high conviction approach has helped the fund achieve top-quartile performance. According to Morningstar, the £417m fund is ranked sixth out of 90 funds in the IMA UK Equity Income sector over three years to 12 July, down 4.4% compared to a sector average decline of 17.2%.  Over one year the fund is ranked 26th...