Fulcrum AM to expand multi-asset range with income launch

4.5% yield target

Tom Eckett
clock • 1 min read

Fulcrum Asset Management is set to add an income fund to its range of multi-asset mandates, run by CEO Andrew Stevens and CIO Suhail Shaikh

The group did not yet have a launch date but said the UCITS compliant Fulcrum Income fund will look to return a 4.5% annual yield above the Bank of England's base rates, and is subject to Financial Conduct Authority (FCA) approval. Stevens and Shaikh will be supported in the management of the fund by the firm's 27-strong team of macroeconomic and asset class specialists.  It will use cost-effective implementation methods to invest primarily in equities, bonds, credit, REITS and option premia across all the major liquid asset classes. Stevens said: "The demand for income is well doc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read