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Jupiter fund on black list

Anthony Nutt’s £2.5bn Jupiter income fund has been placed on the black list of underperformers in Principal Investment Management’s latest income study.

In July 2010, Principal put Nutt’s fund in its grey list of funds which show out of favour styles or early stages of decline.

It says the fund continues to struggle against its peers.

According to Morningstar, over three years to January 24, , the fund is 70th out of 86 funds in the IMA equity income sector, with a return of 4.1 per cent against an average of 11.8 per cent.

The Gartmore UK equity inc – ome and Fidelity income plus funds have also been added to the black list while Cazenove UK equity income and Rathbone blue chip income & growth are new entrants on the white list.

Funds in the White List have, over five years, proved their ability to deliver a rising level of income alongside long-term capital growth.



Relief map

Aegon senior pensions development manager Kate Smith says adviser clients will need help navigating the tax-relievable contribution changes

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House prices in England and Wales fell 0.2 per cent in December, meaning the average house price now stands at £163,814, according to data from the Land Registry. On an annual basis, prices increased by 1.5 per cent from £161,373 to its current level. Five regions in England and Wales experienced increases in their average […]


IFA action group calls for fairer FSCS levies

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Name is the spur

When the new variable and fixed-term annuity products were launched in to the UK market some five years ago, they were quickly grouped under the collective name of third-way products. It is easy to understand way. Not only did they provide a viable alternative to the established two ways of annuity or drawdown but we […]


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