T.Bailey adds SLI trust for stability in tough markets

Jason Britton has added Standard Life's Equity Investment Trust to his T.Bailey Equity Income fund o...

Jason Britton has added Standard Life's Equity Investment Trust to his T.Bailey Equity Income fund of funds to provide stability against a tough market background. Britton said the trust, run by Karen Robertson, takes fixed income positions when the outlook for the UK market is less optimistic. Robertson also manages SLI's UK Equity High Income fund, which features in Britton's top 10 holdings on the Equity Income Fof. "We have held this fund since November 2004 and our high conviction on Robertson's strategy has prompted us to select her closed-ended product for additional stability,...