Irish Wealth manager Bloxham has altered the investment process of the Elite Bloxham Global Equity Income fund in a bid to revive performance.
The fund, launched in April 2008 and managed by Pramit Ghose, mirrors the group’s €600m Dublin-domiciled Bloxham Global High Yield fund, focusing on stocks producing above-average dividend yields. The £16m UK Oeic will now be run as a standalone fund with Ghose making independent investments rather than block trading with the offshore fund in order to improve liquidity and take advantage of small- and mid-cap opportunities. The fund will also rely more on the technical analysis model used by Kevin McConnell in the Dublin-domiciled Bloxham Midas Global Absolute Return fund, which launc...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
