Kames launches global equity income fund for Hillier

Kames Capital is launching a Global Equity Income fund for Piers Hillier and Mark Peden, while the group has also announced details of its new RDR share classes.

The Dublin registered fund will aim to provide investors with capital growth and income over the longer term, while looking to outperform the MSCI World Index on a rolling three year basis. Hillier, who joined Kames in March having been CIO at LV= Asset Management, is head of overseas equities at the group. Peden is a European fund manager at the group. The fund will adopt a high conviction investment approach, with the managers focusing on a smaller number of stocks which they expect will outperform the wider market. ‘The Kames Global Equity Income Fund marks a new direction fo...