Veritas Global Equity Income passes £600m in fifth year returning 60.8%

clock • 5 min read

Veritas global income fund sees inflows intensifying as investors seek yield overseas

Veritas Asset Management’s Global Equity Income fund celebrated its fifth anniversary in February with assets fast approaching the £500m milestone. The first global equity income fund launched in the UK, the Veritas vehicle has taken in a slew of assets over the last year as investor demand for dividend income from outside the UK has intensified. The fund’s assets totalled £135m at the end of June 2009, and by 31 July this year they had jumped to £625m. Co-managed by Veritas CEO Charles Richardson and director Andy Headley, Global Equity Income (sterling) has returned 60.8% since i...

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