Architas has announced two appointments to its investment team, while promoting an investment analyst ahead of the planned launch of the Global Equity Income fund.
The fund, which will launch later this week, will target a yield of 3.5% and has an ongoing charges figure (OCF) of 0.99%. It will be co-managed by Alex Burn, who has been promoted to investment manager, having received FCA approval. The vehicle will invest in equity funds which generate a stable income in a bid to reach its target yield. Architas hires product specialist ahead of MPS launch Sarah Ackland, head of UK proposition at Architas, said: "Investors are currently overly reliant on the UK equity income sector to deliver an income on their investments. We believe this fun...
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