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

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...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Funds

Bestinvest's bi-annual Spot the Dog finds over £45bn is still in underperforming portfolios

Bestinvest's Spot the Dog finds fewest underperformers in six years

Number of dog funds more than halves

clock 08 August 2022 • 4 min read
The £237m Baillie Gifford British Smaller Companies Fund was rated as not providing value.

Baillie Gifford UK equity strategies suffer low ratings in AoV

One red and four amber funds

clock 08 August 2022 • 2 min read
European-focused investment grade and high yield credit have highest inflows since April 2020.

Fixed income dominates ETF flows in July

Accounted for $32.5bn

clock 08 August 2022 • 2 min read