Woodford and Mott reap rewards of defensive stance

clock

Income sector heavyweights return to form after paying the price for anti-cyclical stance.

Two of the investment world’s best known income fund managers have returned to the top of the charts recently as their focus on defensive sectors finally begins to reap rewards. Neil Woodford, manager of Invesco Perpetual’s behemoth High Income and Income portfolios - worth a combined £19.5bn - and PSigma’s Bill Mott have started to gain the edge ahead of competitors following an early switch to pharmaceuticals and other mega caps. Both managers are among a number of high-profile names conspicuous by their absence from the top performers over three years  largely due to maintaining a ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot