The Henderson UK Equity Income fund - run by James Henderson - has changed its name and objective as part of an overhaul of the fund which removes its need to chase high yielding stocks.
Chris Reid, manager of the Majedie UK Income fund has revealed five key stocks that he expects will help his fund maintain its top ranking in the UK Equity Income sector in the coming year.
The Investment Management Association (IMA) has removed the CF JM Finn UK Portfolio fund from the UK Equity Income sector after it failed to meet yield requirements.
Invesco Perpetual's Mark Barnett is preparing a number of strategies to help preserve the performance of the group's Income funds if Neil Woodford's departure triggers outflows.
Wealth management firm St James's Place is reviewing two mandates managed by Neil Woodford after his shock departure announcement yesterday.
News that the UK's best known fund manager Neil Woodford is leaving Invesco Perpetual after 25 years has caused leading fund brokers to suspend their ratings of his portfolios.
James Henderson's UK Equity Income fund has been ejected from the IMA UK Equity Income sector for failing to meet the trade body's sector requirements.
Invesco Perpetual's star manager Neil Woodford has warned that the UK market is likely to see a rise in short-term volatility as the US withdraws monetary support.
Wealth managers are becoming increasingly concerned about allocating towards the Neptune Income fund, amid Hargreaves Lansdown's decision to remove the fund from its Wealth 150 list earlier this week.
The Investment Management Association (IMA) has removed a further two funds from its UK Equity Income sector for undershooting minimum yield requirements over the past three years.