Potter calls end of income dominance

Thames River multi-manager believes growth funds poised to outperform in coming year

Equity Income funds have outperformed their UK peers since 2001, but are set to be overtaken over by growth-oriented vehicles, according to Thames River's Gary Potter. The multi-manager said income funds tend to do better in difficult markets due to large-cap exposure. But next year, during which he predicts a slowing economic environment, Potter thinks the future is brighter for All Companies funds. Looking at Lipper figures showing annual performance from 2001 to 2006, the income peer group outperformed the UK All Companies, UK Corporate Bond, UK Other Bonds and UK Gilt sectors on t...