The return of the kipper tie: Style change favours UK equity income

Value investing back in vogue

clock • 4 min read
Dewi John of Refinitiv

Dewi John of Refinitiv

Once upon a time, UK equity income funds were often the cornerstone of a domestic investor’s portfolio.

But times and fashions change. UK equity funds, and equity income in particular, have suffered years of outflows. In 2021 alone, UK investors dumped £8.2bn worth of equity income funds. With a couple of modest exceptions, the sector's flows have been persistently negative since the first quarter of 2016. In part, this has been a performance issue, with the British market lagging developed market peers such as the US for years. Another, perhaps more persistent, factor has been investors rebalancing their portfolios away from a strong domestic bias. That is likely to be an o...

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


More on Equities

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Transitioning to a new paradigm

Ritu Vohora, Investment Specialist, Capital Markets at T. Rowe Price
clock 23 June 2022 • 2 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Amazon shares are down 40% from its peak

Growth stock pickers feel like 'a kid in a candy shop'

'It is time to go shopping'

clock 22 June 2022 • 4 min read