BNY Mellon Investment Management has launched the Global Leaders fund, which will be managed by subsidiary Walter Scott and Partners.
The fund will invest in market leading and innovative companies which have good cashflow generation and strong business models, while having a bias towards large-cap companies to ensure sufficient liquidity. BNY Mellon launches global short-dated high-yield fund It will be a concentrated portfolio of 25-30 stocks and will take a bottom-up, fundamental investment approach. Matt Oomen, head of international distribution at BNY Mellon IM, said: "Walter Scott has an outstanding long-term track record and is renowned for its rigorous and proven approach to global equity investing. "...
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