Jupiter Income tops Principal's buy list

Jupiter Income has topped Principal Investment Management's annual survey of UK equity income unit ...

Jupiter Income has topped Principal Investment Management's annual survey of UK equity income unit trusts. The fund, managed by Tony Nutt, has been commended on the back of six consecutive years of outperformance against peers, according to Principal. Funds are grouped into three lists; white, grey and black, mirroring the broker's buy, hold and sell recommendations. Twelve funds made the white list this year, including relative newcomer HSBC Income. Along with Jupiter, BWD Equity Income and Liontrust First Income were both highly commended. Alan Beaney, head of investment at Princ...