With a high, and sustainable, income a growing priority for more and more investors, Chelverton Asset Management\'s David Horner believes a new breed of split capital investment trust is set to prosper.

Mr Horner, Chelverton founder and fund manager of the London-based UK small cap equity specialist fund management boutique, who recently raised £8.5 million in cash from a placing in his fund, is convinced that this is a good time to be investing in the sector.

“A combination of falling equity risk premiums and a more optimistic outlook for the UK is helping domestic Small and Mid-Cap stocks to outperform once mo...