Rathbones launches global total return fund for Stick

Rathbone Unit Trust Management has launched a global total return fund for Carl Stick in a push to target sophisticated investors.

The Rathbone Heritage Fund will be a value-driven, total-return oriented fund, targeting long-term growth, with a strong focus on capital preservation. There is no income requirement. An unconstrained investment strategy will give Stick and team the flexibility to invest in equities across the globe regardless of sector, market capitalisation or benchmark. Stick (pictured), manager of the £504m Rathbone Income fund, will be lead manager and invest his own money on the fund. His focus on UK equities will be supported by two co-managers - Elizabeth Davis, quant specialist, and Alan D...