Wealth managers: Why we have gone global for income



Sales of global equity income funds have been steadily increasing this year. Charlotte Richards asks wealth managers why they are attracted to the sector.

Long a mainstay of investors’ portfolios, the equity income sector has seen a shake-up recently with a deluge of global income-focused funds entering the market. In response, the Investment Management Association (IMA) created the Global Equity Income sector in January 2012. Over 20 income-focused funds moved from the 200-strong Global sector into the new category. The latest statistics from the IMA illustrate the new sector has been going from strength to strength. It saw net retail inflows of £107.1m in July 2012, making it the fifth best-selling sector overall. This was nearly double ...

To continue reading this article...

Join Investment Week

  • 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


More on Equities

Daryl Liew, CIO at REYL Singapore.

REYL's Liew eyes return to overweight positions in Asian quality growth names

'It's a question of timing'

clock 28 June 2022 • 3 min read
Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Transitioning to a new paradigm

Ritu Vohora, Investment Specialist, Capital Markets at T. Rowe Price
clock 23 June 2022 • 2 min read
Amazon shares are down 40% from its peak

Growth stock pickers feel like 'a kid in a candy shop'

'It is time to go shopping'

clock 22 June 2022 • 4 min read