Rathbones' McIntosh-Whyte: Chasing high-income targets is 'a danger'
Cautious stance amid "stressed" environment
Will McIntosh-Whyte of Rathbones
The manager of the Rathbone Strategic Income Portfolio has warned of the danger in chasing a high income target in the current "stressed" environment and said that the fund's lower income target of 3% allowed it to position itself in better-performing "growthier names".
Will McIntosh-Whyte, who manages the fund with head of multi-asset investments David Coombs, said this meant the fund did not have to sit in "broken businesses" just because they offered a yield. Addressing...
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