Aviva Investors unveils US income fund

Aviva Investors is launching a US Equity Income fund on 1 July, managed by wholly-owned US equity subsidiary River Road Asset Management.

It aims to deliver a dividend yield 1.5% higher than the Russell 3000 Value index and mirror River Road's existing Dividend All-Cap Value strategy as closely as possible. The portfolio will be managed by Henry Sanders, a founding member of River Road. Sanders will look for opportunities in the all-cap universe of high yielding US equities. "We are bringing this expertise to our UK clients at a time where investors are moving back into developed market equities and the ongoing improvement in the health of the US economy, low interest rates and a cheap dollar continue to propel US equit...