M&G (Lux) Income Allocation Fund: An update on income as equity dividends are cut

Insights

Fund Manager – Steven Andrew

08/09/2020

Since the early days of the Covid-19 pandemic, global companies from Royal Dutch Shell to Nissan have cancelled, cut or suspended their payouts, with analysts estimating that dividends could drop by a fifth this year. This would make 2020 the worst year for dividends since the Global Financial Crisis.