Henderson and Invesco Perpetual join groups planning return to UK Equity Income sector

Following IA sector consultation

Henderson and Invesco Perpetual join groups planning return to UK Equity Income sector

Henderson and Invesco Perpetual are applying for certain funds to be returned to the Investment Association's UK Equity Income sector following the decision to lower the yield hurdle, Investment Week understands.

Henderson said it would be looking to have its £478m UK Equity Income & Growth fund, managed by James Henderson (pictured), repositioned once again within the IA UK Equity Income sector following its removal in 2013, when it was called the Henderson UK Equity Income fund, for failing to meet the previous yield target of 110% of the FTSE All-Share over a three-year rolling period. Meanwhile, Investment Week understands Invesco Perpetual is applying for its £521m Income & Growth fund to be included in the peer group after its exile to the UK All Companies sector in 2015. There are curre...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on UK

Lindsell Train's Nick Train

Nick Train doubles down on Finsbury Growth & Income's worst performer

Sticking to Fever-Tree ‘makes sense’

clock 15 August 2022 • 2 min read
Link Group now expects headline dividend growth of 2.4% to £96.3bn in 2022.

UK dividends jump to £37bn in Q2 as the pound stumbles

Second-largest payout on record

clock 26 July 2022 • 2 min read
Chris Brightman is the CIO and CEO of Research Affiliates

Research Affiliates: Real interest rates will remain higher even after inflation is tamed

Tougher conditions for capital markets

clock 22 July 2022 • 4 min read