Partner Insight: As Payden & Rygel launch its Global Equity Income fund to the UK advisor market for the first time, fund managers James Wong and Frank Lee explain how the strategy has helped them deliver a gross dividend yield of 3.5%
Payden & Rygel offers an array of strategies across the equity and absolute return space, but it is in fixed income that the bulk of the firm's £86.5bn AUM sit. This year, the group is launching its institutional equity income strategy to the UK advisor market for the first time. Managed by James Wong and Frank Lee, the group's Dublin-domiciled Global Equity Income Fund invests in high dividend stocks with dividend growth and currently aims to deliver a yield between 3.5%-4%. Wong and co-manager, Frank Lee, have a successful long-term track record of managing this strategy in the US w...
To continue reading this article...
Join Investment Week for free
- 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