Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a744279

Love to hate: top managers' favourite unloved dividend stocks

by Eleanor Lawrie on Apr 02, 2014 at 10:34

Elsewhere, managers are returning to the tobacco sector.

Richard Colwell, the Citywire AAA-rated co-manager of the £2.7 billion Threadneedle UK Equity Income fund, has been buying Imperial Tobacco over the past six months on the back of what he deems its attractive valuation.

‘It had been weak because operationally it has been struggling because a third of its market is now illicit trade, so volumes have been declining quite strongly. Nevertheless, cashflows have been good and supportive of dividends,’ he explained. 

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Sponsored Video: Barings on investing in Frontier Markets


From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

More about this:

Look up the funds

  • JPM UK Higher Income A Inc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Allianz UK Equity Income A Inc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Threadneedle UK Equity Income Inst Net Inc GBX
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the shares

  • Barclays PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Lloyds Banking Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • HSBC Bank PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Imperial Tobacco Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the fund managers

  • Thomas Buckingham
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Simon Gergel
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Richard Colwell
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet