Money Marketing – Rathbone and Liontrust have both seen their flagship income funds added to the black list of underperformers in Principal Investment Management’s latest income study.
The £465m Rathbone income fund, managed by Carl Stick, and the £341m Liontrust income fund, managed by Gary West and James Inglis-Jones, have joined the likes of £2.3bn Jupiter income fund, managed by Tony Nutt, and George Luckraft’s £187m Axa Framlington equity income and £108m monthly income funds.
