Woodford's £8bn Equity Income fund at risk of IA UK Equity Income sector expulsion

Failing to meet FTSE All Share yield

Laura Dew
clock
Fund manager Neil Woodford
Image:

Fund manager Neil Woodford

Neil Woodford's £8bn Equity Income fund could potentially be removed from the IA's UK Equity Income sector if it does not lift its yield to match 100% of the FTSE All-Share yield by the end of the year.

Funds are at risk of expulsion if they either fail to achieve 90% over one year or 100% over three years. So far, Woodford (pictured) has failed to achieve 100% in both 2015 and 2016. According to...

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
member?

Login

More on UK

The largest inflation contributors were housing and household services, and transport
UK

'Back to the nineties': Industry reacts as UK inflation reaches 30-year high

The UK’s Consumer Price Index rose 20 basis points above expectations to 5.4% in the 12 months to December 2021, according to the Office for National Statistics, reaching its highest level since March 1992.

Lauren Mason
clock 19 January 2022 • 4 min read
More companies will be needed to maintain a sustainable space ecosystem
UK

Seraphim Space trust CEO: Space companies face 'wave of consolidation'

Climate change companies to succeed

clock 17 January 2022 • 2 min read
Stock Spotlight: Rathbones Group is 'firing on all cylinders' as third century nears

Stock Spotlight: Rathbones Group is 'firing on all cylinders' as third century nears

AUM and AUA up to £68.2bn

James Baxter-Derrington
clock 14 January 2022 • 4 min read
Trustpilot