Fixed Income  

Hepworth eyes niche bond openings

Mr Hepworth’s flagship fund has struggled in recent years, dragging down three-year performance.

The EdenTree Higher Income fund has gained 8.8 per cent over the past three years compared with the average return of 14.1 per cent from the Investment Association Mixed Investment 40-85% Shares sector, data from FE Analytics shows.

The vehicle has fared better across five years, returning 32.8 per cent versus the 28.5 per cent average rise by the peer group.