Economic uncertainty throughout 2016 has prompted a shake-up of Sanlam Private Wealth's prestigious White List, with eight funds falling from the list since June, while Miton's UK Multi Cap Income has knocked the previous leader off the top spot.
Gervais Williams's (pictured) and Martin Turner's £755m CF Miton UK Multi-Cap Income fund topped December's White List, after producing solid returns on a consistent basis, low volatility compared with peers and strong income, despite weak 2016 performance relative to its own history. Meanwhile, June's White List leader, Francis Brooke's £3.2bn Troy Trojan Income fund, dropped 18 places to fall into the lower-ranked Grey List, following weaker performance in the second half of the year as its quality style bias started to move out of favour. Sanlam's bi-annual report ranks IA UK Equi...
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