investec targets 5 yield as it opens global

Investec Asset Management has opened an offshore version of its Global Diversified Income Fund to international investors.

investec targets 5 yield as it opens global

|

The new fund is part of Investec’s Luxembourg-domiciled Global Strategy Fund range and will be managed similarly to a UK version launched in September last year.

Managed by John Stopford, co-head of the Investec multi-asset team, the fund aims to generate attractive income for investors from a global multi-asset portfolio, with a targeted distribution yield of around 5%.

John Stopford, Portfolio Manager, said:  “Income is in great demand from our international client base. Taking a global multi-asset approach allows us to seek out the best sources of income wherever they are and blend them together to control risk.”

MORE ARTICLES ON