Troy to launch Global Income fund for Harries on 1 November

Reveals details of launch plans

Troy Asset Management has revealed details of its new Global Income fund to be managed by ex-Newton fund manager James Harries, with the launch date set for 1 November.

Harries (pictured) left Newton Investment Management at the end of last year to join Troy, handing his Newton Global Income fund to Nick Clay. He had managed the Global Income vehicle since launch in November 2005 and delivered a return of some 136% over his tenure, versus the IA Global Equity Income sector average of 78%, according to FE. His new fund at Troy Asset Management is set to launch on 1 November, the group has revealed, after the manager began working in his new role in June. The Trojan Global Income fund will seek to achieve steady income over the long term with an exp...