iimia, Daniel Lockyer

iimia manager believes traditional income staples of UK equities, property and bonds have all had their day looking further afield for his yield

Click here to download pdf Daniel Lockyer has managed the iimia Income fund since launch in January 2005, using open and closed-ended vehicles, as well as structured products, to achieve his 4% yield target. In total, the portfolio invests in just under 40 other vehicles although Lockyer stressed that not all of those have to provide yield themselves. Though Lockyer, who favours equities as an asset class, is currently fairly bearish on the UK market, he is finding collectives taking advantage of Japan's improved economic story attractive. That said, he warned that, with the end of 0% in...