UK Equity Income Bulletin
James Lowen and Clive Beagles, managers of the JOHCM UK Equity Income Fund, discuss the macro and the micro, from global economics to new portfolio additions.
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James Lowen
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Clive Beagles
- September was dominated by the very active debate surrounding how transitory, or not, inflationary pressures currently are.
- Whilst we agree that many of the input cost increases are likely to fade over time, the transmission mechanism into higher wages could well prove to be much stickier.
- If correct, this has huge implications for what types of stocks will perform well in the coming months and years and with so much valuation support on our side, we are very excited about how the Fund should continue to perform.
Disclaimer
For professional investors only. This is a marketing communication. Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation. The Fund’s investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile. Information on the rights of investors can be found here.
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UK Equity Income Bulletin
The JOHCM UK Equity Income team discuss the macro and the micro, from economics to portfolio additions.
Read More 31 August 2021
