Bringing you live news and features since 2006 

Money and calculator

Hancock Horizon Funds launches diversified income fund

RELATED TOPICS​

Hancock Holding Company has launched the Hancock Horizon Diversified Income Fund as a new addition to the company’s growing USD1.5bn family of investment funds.



The fund seeks to generate steady income from a combination of financial investments.

"The launch of the new Hancock Horizon Diversified Income Fund marks another important milestone in the continued growth of our family of investment funds, and we believe the fund has strong potential to generate income during the current challenging interest rate environment," says Hancock Horizon Funds senior vice president and chief investment strategist John Portwood. "This will be an alternative for investors who have seen diminishing returns from traditional income-producing investment products as interest rates have declined."

The new fund will invest in a mix of master limited partnerships (MLPs), dividend paying stocks, real estate investment trusts (REITs), preferred stock, and high yield bonds.

To lead the fund, the Hancock Horizon Funds has tapped 20-year investment industry veteran Greg Hodlewsky. 

"We actively manage all of our funds, and the Diversified Income Fund will be no different," says Hodlewsky. "We will move in concert with changes in the market and focus on the areas of the market where the income is greatest to generate the best results possible."

While there are similar type funds available, Hodlewsky says the number of those funds is small – perhaps 20-50 – compared to the number of generic stock funds available, such as large cap stock funds that may number 1,500 or more.

Hancock Holding Company is the parent company of Hancock Bank and Whitney Bank.  The investment management team for Hancock and Whitney banks comprises 18 members responsible for managing USD5.4bn in assets under management.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by