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Europe Unit Trust Manager Q&A: 
Multi Manager, Multi Markets
Author: Ticker Magazine
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Last Update: 10:31 AM EST August 27 2007


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Nicholas Pothier
  “As a multi manager our job is to identify differing philosophies and approaches to investing in our submanagers and to combine those in ways which maximize diversification and reduce risk.”
HSBC Open Global Distribution Fund

Managed with capital preservation in mind, the HSBC Open Global Distribution Fund aims to provide a high level of income by investing in the widest possible range of asset classes across global markets. The fund manager Nick Pothier is prepared to head well off the beaten track to uncover talented sub-managers with alternative investment philosophies and to combine those in ways which maximize diversification and reduce risk.

 
Another good example would be the Newton Global Higher Income Fund. Newton is one of only five equity income managers that we have targeted. They have a London-based global analyst team of 12 internal buy side analysts that analyze worldwide stocks. They do that for a number of different portfolios and the Global Income portfolio has a yield criterion which leverages off their research strength. They compose the portfolio which targets a yield in the region of 4%, whereas in the U.K. market most equity income managers have a yield in the region of 3% to 3.5%.
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