Artemis to launch Global Equity Income fund

Artemis is to roll out its second fund in five years with the addition of a global equity fund to its income range.

The Global Equity Income unit trust will be soft-launched in July, subject to FSA approval. It will be managed by Jacob de Tusch-Lec, who also runs the £423m Capital fund, with input from Income and High Income managers Adrian Frost and Adrian Gosden. De Tusch-Lec, who will remain as manager of the Capital fund, will use Artemis’ SmartGARP quant system as a screening tool combined with a bottom-up approach, avoiding sector or geographical biases. Artemis says the fund, which will sit alongside the Income, High Income and Strategic Bond strategies in the income range, is likely to hold...