Managers need to be more aggressive

The UK equity income sector has been fertile ground for investors over many years but the damage d...

The UK equity income sector has been fertile ground for investors over many years but the damage done by the bear market has put many funds in the sector on a defensive footing, with some becoming virtual equity and bond income portfolios. The recent rally has seen such funds move from the top of the short-term performance table to the bottom, replaced by funds from the basement. What will it take for the improved performance of the new leaders to continue? It looks increasingly likely that UK stocks bottomed on 12 March and are now in a bull market. As usual, the lead came from ...