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Irish Asset Manager Bloxham Launches New Income Fund

Tom Burroughes

22 April 2008

Bloxham, the Irish wealth manager and stockbroker, has launched Elite Bloxham Global Equity Income Fund, tapping investor demand for income at a time of high stock market volatility. The fund will be managed by Pramit Ghose of Bloxham. It will be distributed in the UK via Elite, the third party arm of WAY Fund Managers. A key longer term ambition for the fund is for it to grow the income stream on average by 8 to 10 per cent per year, Bloxham said.