The Liontrust Income fund, headed up by Gary West and James Inglis-Jones, has reversed its focus on the UK in favour of a global mandate to tap into a larger universe of dividend paying stocks.
Liontrust has opted to move the fund out of the IMA UK Equity Income sector and into the IMA Global Equity Income sector, taking the view the IMA's 20% maximum rule on ex-UK stocks is too restrictive....
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