T.Bailey increases weightings in equity income funds to 30% across Fof range

T.Bailey has upped its weighting in equity income funds to a third across its fund of funds range si...

T.Bailey has upped its weighting in equity income funds to a third across its fund of funds range since the forth quarter of last year. Having had almost none of the sector within any of its propositions except its own Equity Income vehicle, it now holds between 12% and 30%. UK Best Ideas has the largest weighting of 30%, followed by Cautious Managed, at 13.5% and Growth which holds 12.1%. The group has been buying Threadneedle UK Equity Alpha, Standard Life UK Equity High Income and Invesco Perpetual Income. T.Bailey analyst Elliot Farley says the group has been introducing equity ...