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UBS UK EQUITY INCOME A - Manager

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Average monthly relative returns

Bestinvest MRI

07/08 08/09 09/10 10/11 11/12   3 years 5 years Career 3 years 5 years Career
-0.17% 0.12% -1.01% -0.33% 0.19%   -0.38% -0.24% -0.19% 12.7% 29.8% 34.5%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Brian Gallagher


Manager. Gallagher’s career began in 1993 at CIN Management where he was a UK analyst. He then moved to Prolific Asset Management where he co-managed 4 income funds with assets totalling £1bn. In September 1998 he joined Canada Life Asset Management as a UK/European Analyst, before moving in July 1999 to Murray Johnstone in Glasgow where he jointly managed 5 closed end investment vehicles including the £100m Murray Extra Return IT. He joined Gartmore in June 2000 and moved to UBS in 2007.

Track record


Brian Gallagher has 6.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.19%.
During the worst period of relative performance (from September 2002 - February 2011) there was a decline of 21% relative to the index. The worst absolute loss has been 56%.

Other funds managed

  Start Date
UBS UK EQUITY INCOME A Mar 2007
Periods of worst performance
Absolute -56% (April 2001 - February 2009)
Relative -21% (September 2002 - February 2011)

Sector record since April 2001 (7 yrs)


Relative Performance in UK EQUITY INCOME


Discrete Monthly Returns - 43% Up Months

About the MRI


Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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