Lowland Investment Company (ticker: LWI) was launched in 1963 with the dual mandate of providing income and capital growth by investing in a wide range of UK companies. James Henderson has managed this trust since 1990 and Laura Foll was appointed as co-manager in 2016. Henderson and Foll also manage two other UK-focused trusts, Law Debenture and Henderson Opportunities, plus an open-ended fund. Lowland adopts a value approach but unlike most other UK Equity Income vehicles, it only invests between a third and a half of its portfolio in FTSE 100 companies. This has hampered its recent performa...