Income Solutions

John Stopford introduces the Investec Diversified Income Fund which accesses diversified sources of return from across the globe, aiming to provide investors with an attractive and sustainable level of income.

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.

Invesco Perpetual has implemented a dilution adjustment to the price of Neil Woodford's Income and High Income funds, moving to bid pricing on both portfolios after a recent surge in outflows.

Shares in oil giant BP shot higher this morning, lifting the wider market, after the group pleased investors by raising its dividend.

UK dividend payouts will contract this year for the first time since 2010 following a "disappointing" Q3 for income investors, according to Capita.

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.

MULTI-ASSET

Schroders is to launch a global equity fund for managers Nick Kirrage and Kevin Murphy investing in stocks they feel are primed for a recovery in value, Investment Week, IFAonline.co.uk's sister title, understands.

Fidelity Worldwide Investment is to expand its equity income franchise with the launch of a Global Enhanced Income fund for manager Dan Roberts.

Broadly speaking, the investment story of 2013 so far has been one of soaring developed world equity markets but slumping bond returns. But how has that translated in terms of fund flows in the UK?