Quilter's Bradshaw adds to alts vehicles in latest hunt for yield

Adds Hipgnosis Songs fund to port

Manager of the Quilter Investors Monthly Income and Income and Growth portfolios Helen Bradshaw has been adding to the funds' alternatives exposure since the March sell-off in efforts to diversify their income stream amid widespread cuts to equity dividends across global markets.

Launched last year and with combined assets of around £200m, the funds have been deploying cash reserves into vehicles investing in assets across property, infrastructure and music royalties in efforts to maintain a pay-out of 2.7p to 2.9p for Monthly Income and 2.6p to 2.8p for Income and Growth for the next financial year. Speaking to Investment Week, Bradshaw noted increased allocations to infrastructure trust INPP and property REIT Assura as examples of existing alternative investments the trust had topped up in Q2. She explained that Assura has performed "particularly well this y...