The trinity of the UK Equity Income Fund, the Global ex UK Equity Income Fund and the Investment Grade Bond Fund will be managed by Gary Reynolds and Caroline Shaw.
The first two funds aim to provide exposure to a portfolio of dividend paying stocks, selected using a quantitative model. The portfolios aim to pay a higher dividend yield than the index universe overall, while minimising long term volatility.
The Investment Grade Bond Fund will aim to be a lower risk asset to be held by pension fund clients approaching retirement. A range of lifestyle strategies, combining these three new funds, will be offered to employers.
Reynolds and Shaw have run Courtiers multi-asset global funds since 2007 and Courtiers Discretionary Management Service since 2000.
“We relish the opportunity to offer our tried and tested risk control and stress test techniques to the corporate auto-enrolment pension market,” said Reynolds, chief investment officer. We will offer lifestyle strategies which are tailored to the employer and we will offer member pre-retirement counselling in conjunction with a range of lifestyle pathways to guide our clients towards retirement”.
