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BlackRock’s Nick McLeod-Clarke reveals the important role equity income funds play in retirement planning.
Richard Davis, co-manager of the BlackRock World Resources Equity Income fund, explains why dividend-paying companies in the commodities sector offer value in a low yield environment.
The FTSE was off 0.83% at 5365.96 points this morning despite the largest miners regaining some of the ground they lost yesterday.
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The FTSE opened marginally higher this morning, rising by 18.7 points, or 0.4%, to 5333.79.
An early morning ‘hair of the dog’ has kept the FTSE 100 index flat against a run of stocks in the mining sector heading downwards this morning.
Investor sentiment seems little changed on yesterday’s unmoving performance as the FTSE is already focused on the same three names – Rio Tinto, BHP Billiton and Kingfisher.
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