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...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI