Kames expands absolute return range with global equity fund

Aims for lower volatility than government bonds

Kames Capital has launched a Global Equity Market Neutral fund to be co-managed by Neil Goddin and Craig Bonthron.

The launch aims to build upon Kames' existing €3.9bn equity and fixed income absolute return investment capabilities. Goddin and Bonthron (pictured) will aim to generate a positive absolute return over a rolling three year period, with lower volatility than government bonds. According to the company, the risk profile is consistent with investors seeking returns of one month GBP LIBOR +4% per annum net of a 1% annual management charge over a rolling three-year period. The pair, who will be supported by UK equity fund manager Malcolm McPartlin, will aim to deliver positive returns re...