RWC Partners launches new global equity income funds to be managed by Nick Clay: Harnessing the power of dividends
RWC Partners has launched the TM RWC Global Equity Income Fund, within a UK OEIC structure, and will shortly launch the RWC Global Equity Income Fund for SICAV investors, with both to be managed by Nick Clay and his team
Gary Tuffield, Head of European Distribution at RWC, commented: “Nick, Andrew, Colin and Robert have created a market leading proposition, which has been endorsed by their clients over many years, and one that we believe is highly relevant for investors today.
“The coronavirus has been very damaging to the corporate sector, with many companies cutting or withholding dividend payments to shareholders. Many financial headlines have suggested that this is the final nail in the coffin for income investing. We emphatically disagree with this. The power of compounding a sustainable dividend has proven to be a successful investment strategy for more than a century.
“With growth stocks approaching peak multiples and interest rates anchored at all-time lows we believe that a tried and tested global equity income approach looks very appealing to large swathes of the industry and end consumers”.