Specialist asset management firm Livingbridge has added to its fund range with the launch of the CF Livingbridge UK Multi Cap Income fund.
Launched on 30 June, the income fund is managed by Ken Wotton, director and lead fund manager at Livingbridge Equity Funds, and has an annual management charge (AMC) of 0.75%. The fund is aiming to deliver a yield premium to the market, beating the prospective yield of the FTSE All Share index, which is currently 3.76%, according to Bloomberg. The vehicle will use the firm's private equity mindset to find businesses with structural growth, meaning they can grow regardless of the economic situation. Neptune's Martin: UK faces horrible combination of clouded outlook and high valuat...
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