Delivering income and diversification in changing market conditions.
At times of stock market volatility and fluctuating sentiment, investors often turn to the greater stability of dividends. Over time, dividend payments can be much less volatile than companies’ share prices. However, a danger in dividend investing may be over-exposure to traditional income sectors during all market environments. Our global equities team prefers a balanced approach that seeks to extract income from across the broader market, while remaining flexible in order to adapt to changing environments.
The fund’s investment process is based on the multiple award-winning strategies managed by Ian Heslop and team.
Unusually in the income space, the manager aims to smooth dividend payments over time to achieve a monthly income distribution.
By adopting an unconstrained, total return approach the team seeks out what it believes are the most compelling investment opportunities.
With its focus on differentiated sources of alpha, rather than a concentrated style of investing, the fund can either serve as the basis for a wider global equity allocation, or as a satellite fund.
The fund is managed by head of global equities, Ian Heslop, together with two other fund managers – Amadeo Alentorn, also head of research, and Mike Servent, also head of systems. The fund managers are supported by two senior analysts, Yuangao Liu and Matus Mrazik, senior quantitative developer Sean Storey and strategist Justin Wells. Ian Heslop holds an MA (Oxon) in chemistry (1993) and has a PhD in medicinal chemistry from the University of Edinburgh (1997). He has over 18 years’ investment experience. Amadeo Alentorn has a PhD in computational finance and Mike Servent holds a BA in physics from the University of Oxford.