Premier AM to launch global income fund

Targeting an annual yield of 6%

Mike Sheen
clock • 1 min read
Co-manager of the Premier Global Optimum Income fund, Jake Robbins
Image:

Co-manager of the Premier Global Optimum Income fund, Jake Robbins

Premier Asset Management is set to launch a global income fund, targeting a yield of 6% per annum and paying a quarterly dividend.

Co-managed by Jake Robbins and Geoff Kirk, the Premier Global Optimum Income fund will seek to achieve its target yield via two sources of income. Delivering yield ahead of both the S&P 500 and Russell Value 100 index Robbins (pictured) will oversee an actively managed global equity portfolio, while Kirk will be responsible for a call option overlay strategy. The equity portion of the fund will mirror the Premier Global Alpha Growth fund, which Robbins has managed since November 2011. Robbins' fund has delivered returns of 12.2%, 51.9% and 95.8% over one, three and five years re...

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