SYZ Asset Management launches European income fund

Managed by head of European equities Michael Clements

SYZ Asset Management has expanded its range of Europe-focused funds with the launch of an income strategy, targeting the "underinvested" areas of European markets.

The OYSTER Continental European Income fund targets a yield of at least 10% above the MSCI Europe ex-UK index and has been launched in response to increased investor demand for "quality yielding solutions", SYZ said. SYZ AM rolls out diversified multi-asset fund to UK investors Managed by head of European equities Michael Clements (pictured), the Luxembourg-domiciled SICAV will charge retail investors a management fee of 0.75%. The new strategy applies a similar investment approach to the OYSTER Continental European Selection fund, with an all-cap, high-conviction and contrarian po...