investment trusts switch focus to income
Investment trusts aimed to tap into investors’ desire for income in 2011, with new launches and policy changes for existing funds reflecting the trend.
Investment trusts aimed to tap into investors’ desire for income in 2011, with new launches and policy changes for existing funds reflecting the trend.
Following demands from its membership, the IMA has set up an ex-UK equity income sector.
Gilliat Financial Solutions has launched its highest ever income offering, targeted at yield-starved investors.
Barclays Capital’s FTSE Dividend Investment uses dividend futures on the FSTE 100 to generate a cash-plus income.
Axa Investment Managers has launched a high conviction global income fund targeting between 1.5 and 2.5 times the yield of the MSCI AC World index.
Investors are generally willing to accept lower growth as long as income generation is maintained. So what’s the best way to deliver on that demand?
Investors’ demand for yield has led London & Capital to launch income options within its managed portfolio range.
Baillie Gifford is to discount the initial charge (not the annual management charge as previously stated)on its Global Income Fund for six months from 1 November.
MAM Funds is to launch Acuim UK Multi Cap Income Fund, an open-ended mirror of its successful Diverse Income Trust.
Many fixed income managers are treating wider spreads as a buying opportunity and have cautiously rejected fears of a double-dip recession.
BlackRock has expanded its Global Funds equity income range with a fifth product focusing on emerging markets.
As the BoE holds interest rates at 0.5% investors are forced to take greater risks for their income.