Fund Management
What's New In Investments, Funds? - Progeny AM
The latest in funds and investments across the UK, Europe, Middle East and Africa.
Progeny Asset Management
Progeny Asset
Management, the investment management arm of UK-based Progeny
Group, has launched a multi asset exchange-traded
fund solution for investors seeking upside exposure and
yield.
The Optimised Passive Income 60/40 is designed for investors who
wish to have exposure to a range of global asset classes and a
target yield of three per cent a year.
The solution will be available via financial advisors only, not
direct to clients.
The ETF is expected to allocate around 60 per cent globally
to equities, private equity, property, and around 40 per
cent to global fixed income.