Schroders brings £4bn multi-asset income fund to UK

Schroders is launching a global multi-asset income fund for UK investors, mirroring its existing £4bn offshore strategy.

The fund will follow the same investment process as the existing Luxembourg-domiciled £4bn Schroder ISF Global Multi-Asset Income fund and will be managed by the same team. This multi-asset team consists of over 100 members based across the globe managing over £60bn in total assets, including £6.8bn in income strategies. The new fund targets an annual distribution payment of 4%-6% in monthly installments and a total return of 7% per annum, while keeping volatility at around 5%-7%, and below 10% at all times. It will allocate to high yielding and high quality global fixed income and...