Mirabaud Asset Management repositioned its existing UK Equity High Income Fund in to a High Alpha Strategy from 01 October. The fund will be managed by Jeremy Hewlett, who is in the UK Equity team headed by David Kneale.
The Mirabaud Equities UK High Alpha fund will be an unconstrained, actively managed, high conviction, concentrated portfolio of best ideas. The team look for quality businesses with strong barriers to entry and which are cash flow generative over multiple years.
Paul Boughton, head of Sales and Marketing UK and Northern Europe commented: “Mirabaud is committed to developing its range of funds and is building on its competitive advantages to meet the needs of its clients. Our UK Equity team have already demonstrated that they have the skills and experience to perform consistently well for our clients invested in this strategy and to make it more widely available to a broader range of investors is a natural progression for the business.”
Lionel Aeschlimann, managing partner, Mirabaud Asset Management added: “This is an exciting time for Mirabaud Asset Management. What we reserved for a small circle of institutional and sophisticated clients, with robust historical performance, now becomes accessible to the public.”