Evenlode Global Income fund dumps Diageo amid consumer goods rotation

Drinks giant dropped due to excessive 'valuation risk'

James Baxter-Derrington
clock • 2 min read

Evenlode Global Income has completed its exit of drinks manufacturer Diageo amid a wider trimming of the consumer goods sector, which has represented a large weighting within the portfolio since its November 2017 launch, due to excessive "valuation risk".

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