Principal Global Investors unveils US equity income product

clock

Principal Global Investors has unveiled a US income product to be managed by its US-based affiliate Edge Asset Management.

The Edge Equity Income fund will provide a combination of income and long-term capital growth by investing in US large-caps, typically above $7bn in size, with the ability to pay and grow dividends over time and in all economic environments. The Dublin-registered and UCITS compliant fund will be managed by Edge's Dan Coleman, head of equities, and David Simpson. It will be benchmarked against the Russell 1000 Value index. "Increased volatility in the equity markets and low yields on bonds has understandably intensified the search for alternative income strategies. The yield availab...

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

Join now

 

Already an Investment Week
member?

Login

More on Equities

Spring Statement 25: Government looking at options to tackle Cash ISA 'hoarding' concerns

Spring Statement 25: Government looking at options to tackle Cash ISA 'hoarding' concerns

"Strike the right balance"

Jenna Brown
clock 26 March 2025 • 3 min read
Partner Insight: New growth equities content portal

Partner Insight: New growth equities content portal

Access perspectives on enduring growth equities

Sarka Halas
clock 24 March 2025 • 2 min read
Partner Insight: Beyond the obvious - Where to find quality stocks

Partner Insight: Beyond the obvious - Where to find quality stocks

Columbia Threadneedle Investments
clock 24 March 2025 • 2 min read
Trustpilot