Bringing you live news and features since 2006 

GAM launches new UK equity income fund

RELATED TOPICS​

GAM has launched the GAM UK Equity Income, managed by Adrian Gosden, who recently joined the company as investment director.

The fund is structured as a UK Open Ended Investment Company (OEIC) and invests using fundamental analysis to identify robust UK companies with sustainable dividends. The strategy seeks to provide both income and capital appreciation by investing in UK companies of all sizes. The long only fund aims to offer a liquid and diversified portfolio with expected low constituent turnover.
 
Gosden, who joined GAM in September 2017, has 20 years’ investment experience, 18 of which he has spent managing income funds. He will manage the fund with Chris Morrison, who joined GAM in 2011 and has 12 years’ investment experience.
 
Gosden says: “This is a core fund with the flexibility to invest across the UK equity universe. Despite good progress in the market, we are still finding interesting income opportunities – some fuelled by management actions and others in less popular industry sectors such as financials and industrials. The fund uses tried and tested techniques to invest in around 50 companies of varied sizes, creating diversity of sector and market cap. Clients are central to our aim of producing consistent returns in a clear and responsible manner.”
 
Douglas Branson, head of UK distribution, says: “The launch of GAM’s first UK equity income fund builds on our long history of equity investing across a breadth of styles and further strengthens our offering to UK advisers and wealth managers. Attracting and recruiting such a well-known and talented fund manager as Adrian underscores the strength of GAM’s brand, our solid commitment to the UK market and to fulfilling our clients’ needs. In today’s low growth, low interest rate world, the importance of consistent and sustainable income for client portfolios has never been greater.
 
“This follows the launch of three UK OEICs in May of this year that have also generated encouraging interest from the intermediary community. They cover continental European equity, emerging market equity and global credit.”
 
The fund is domiciled in the UK and at launch it will have an annual management fee of 0.75 per cent with an estimated on-going charge figure of 0.88 per cent.
 

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
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