Investec adds Global Dividend offering to equity income push

clock

Investec Asset Management has launched a Global Dividend fund run by Jonathan Parker and its 4Factor equity team as it continues to bulk up its income offering.

The fund, launched last week and seeded with £10m, aims to beat the dividend yield of its benchmark, the MSCI World, and to deliver a total return between 3% and 5% per annum. It currently yields 3.7% versus the index yield of 2.4%.  The team has narrowed down the global equity universe of 6,000 stocks to just 50 using an approach which screens strategy, valuation, earnings, and technical factors and uses extra dividend screens to find high-yielding stocks.  Parker (pictured) divides the stocks into three baskets: undervalued stocks, including cash generators such as Direct Line and B...

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 Investment

Partner Insight: Is it time to rebalance portfolios as the UK economy stabilises?

Partner Insight: Is it time to rebalance portfolios as the UK economy stabilises?

Brooks Macdonald
clock 18 November 2024 • 2 min read
Partner Insight: The case for value in a balanced portfolio

Partner Insight: The case for value in a balanced portfolio

It’s been an anemic time for value stocks but the managers of Vanguard’s active multi-asset range think a focus on valuations could be rewarded.

Madison McCall Active Product Specialist, Vanguard, Europe
clock 18 November 2024 • 5 min read
Stories of the Week: UK wage growth cools less than expected; Reeves planning pension 'megafunds'; US inflation rises

Stories of the Week: UK wage growth cools less than expected; Reeves planning pension 'megafunds'; US inflation rises

Wage growth, pension 'megafunds' and US inflation: The biggest stories from the world of investment and asset management this week

clock 15 November 2024 • 1 min read
Trustpilot