Ardevora's Jeremy Lang turned over 20% of the UK Income fund last month after a difficult year in 2018 that he called "an unmitigated disaster for everyone".
The fund - which Lang described as "a bit of an odd income fund" - lost 10.57% in 2018 compared to the 10.54% average fall in the IA UK Equity Income sector, FE data shows. With around 40 positions,...
Countdown to 31 October
Caught in crossfire following Equity Income fund suspension
Liquidated in 2012
OCF of 0.10%