BNY Mellon launches The Boston Company Global Infrastructure Income fund

‘First thematic fund launch’ in onshore range

BNY Mellon Investment Management has opened up its US boutique The Boston Company's $1.5bn global infrastructure dividend strategy to UK investors, marking the firm's "first thematic fund launch" in its onshore range.

Managed by Jim Lydotes and Brock Campbell from The Boston Company, the fund mirrors a strategy available in the US, which since inception in 2011 has generated a portfolio yield of around 6% per annum. The Boston Company Global Infrastructure Income fund, which has an OCF of 0.81%, aims to generate income and capital growth by investing in a concentrated portfolio of 20-40 traditional and non-traditional listed infrastructure companies globally. It seeks to gain exposure to opportunities benefitting from economic, social and environmental demands by targeting traditional infrastructur...