RM Funds' Nicholls: New fund will target capital growth from alternative assets

Investing in businesses with 'mission critical infrastructure'

Investors tapping into the alternatives space are increasingly looking for capital growth, as they look to supplement their existing income allocation, according to RM Funds' Pietro Nicholls.

Alternative investment manager RM Funds recently launched a global real opportunities fund investing in the digitisation, sustainability and socio-demographic change trends. While the fund, managed by Nicholls, will target an income distribution of between 3% and 4%, it will be allied with the potential for capital growth, which is "where we expect to make the bulk of our returns". RM's older Alternative Income fund currently targets a 5% yield. Ecofin to target 5% yield with $250m US renewables infrastructure trust launch In a low interest rate environment where dividends have bee...