Investment manager Tideway has launched the Hybrid Capital Corporate Bond fund, designed to appeal to investors looking for higher income generated from fixed income compared to equities.
The firm said the launch was driven by the recent decision for the UK to exit the European Union, which has thrown up "significant investment opportunities". The new fund will be managed by Tideway's CIO Peter Doherty and team, who will focus on investments in regulated industries such as insurance, banking, utilities and infrastructure. Doherty said the new fund offers investors with at least a five year time horizon a better option than deposit accounts without putting capital at risk, with a target gross income of 5% without capital consumption. Corporate hybrids: No longer an a...
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