Fund Management
Mirabaud Launches New Equity Fund
Swiss asset manager Mirabaud has launched a global equity fund for new manager Kirill Pyshkin.
Swiss asset manager Mirabaud has launched a
global equity fund for new manager Kirill Pyshkin.
Pyshkin joined from Aviva Investors in February.
The Mirabaud Global Equity High Income Fund has assets in excess
of $25 million following a six-month incubation period, and will
be a sub fund of the Mirabaud Luxembourg Sicav. It aims to
deliver dividends at least 25 per cent higher than that available
on the broad equity market and growing above inflation.
“Our investment philosophy is that of value investors with focus
on income; so we buy companies with higher than average and
sustainably growing dividends that are attractively valued,” said
Pyshkin.
“However, we focus on companies that fall under our castle, moat
and goldmine (CMG) definition – that is, companies that are
financially strong, well-managed and operating in attractive
industries with defendable business models.”
Anu Narula - head of the global equities - is to co-manage
the fund. The fund is registered for sale in France,
Ireland, Italy, Spain, Switzerland and the UK.