UK Equity Income sector continues to hemorrhage money

Data published in Morningstar's report UK Equity Income Funds Struggling to Retain Assets suggests that the there has been only one month since April 2016 in which it recorded net inflows. This matters, because the category is still one of the largest for UK domiciled funds, and houses a number of the most high profile managers and funds in the UK market. In all, some £15.3bn flowed out of the category between January 2016 to April 2019, when total assets were around £64bn. It is a category...