Premier creates Global Infrastructure Income fund

Demand for alternative income

Premier Asset Management is renaming its Premier Global Utilities Income fund and changing the mandate to include wider coverage of infrastructure companies.

From 28 April, subject to shareholder approval, the fund will be renamed the Premier Global Infrastructure Income fund and given a broader investment universe.  Premier said the decision followed client demand for additional sources of income. The proposed change will allow it to invest in infrastructure assets such as airports, hospitals and railways, as well as its core utility infrastructure companies. Miton unveils global infrastructure income fund Previously the fund, managed by James Smith (pictured), has focused on utility infrastructure in areas such as renewable energy,...