View more on these topics

Insynergy explores the new world

Insynergy Investment Management has teamed up with Kleinwort Benson Investors for the Insynergy new world income fund, to be launched in June.

Insynergy has previously partnered with absolute return managers Odey Asset Management, Gam and Reliance to offer investors global equity, China and India funds.

The new fund is a global emerging markets equity income fund. Insynergy says it gives investors the chance to access countries and companies that have economic winds at their back, pushing them upwards, rather than in their face, pushing them down. Insynergy prefers to call these regions new world rather than emerging market because they believe countries such as Singapore and Hong Kong have already emerged.

The company says that the term New World highlights that the fund is investing in areas across Asia, Latin America, Eastern Europe, Africa and the Middle East that have some advantages over the West, including stronger population growth, lower wages, being rich in resources and having modest debts.

The Insynergy fund has a target income yield of 4.5 per cent, which it will achieve by investing in equities, with no derivatives being used to boostthe yield. The firm believes its wide geographical net enables it to invest in countries that may have different economic cycles. Companies such as UBS and Polar Capital have recently brought out emerging market equity income fund to meet investor demand for alternatives to UK equity income, so Insynergy is not alone.

Emerging markets can be highly volatile and have traditionally been used for growth rather than income. Some advisers may see these markets as too risky to be the sole focus of an income fund and may prefer a global equity income product.
 
 
 
 

Recommended

OBR: Rising oil and food prices biggest threat to fiscal plans

Rising oil and food prices are the biggest factors that could force the Government to deviate from its fiscal policy, according to the Office of Budget Responsibility. Giving evidence at a Treasury select committee session today, OBR member Stephen Nickell said rising oil and food prices are the factors that will most influence its inflation […]

1

Budget 2011: Non-doms to face £50k flat rate tax

Non-domiciled individuals will face a £50k flat rate tax once they have been in the UK for 12 years. Delivering the Budget today, George Osborne (pictured) said the measure will raise £200m in the coming years. He added the charge will not be levied on those remitting money to the UK for the purposes of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com