123. Why boring investments can be the most rewarding

Brendan Gulston, co-manager of LF Gresham House UK Multi Cap Income, explains how the fund still managed to yield 3.3% last year, despite UK dividends falling 44%. He also tells us why he avoids some cyclical areas, why actuaries and insurance can be interesting investments and how his small, mid and private equity heritage helped identify a company to invest in at IPO. Brendan closes the interview with his views on the growing market for renewable energy storage.Learn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.