Premium fund aims to grow capital through the sale of options on its stock holdings
Thornhill Investment Management has launched a fund that aims to grow capital through the sale of options on its holdings. The Thornhill Premium fund will run a portfolio of between 15 and 20 FTSE 100 stocks and then add value through the pricing of the options it writes. The Thornhill investment team, headed up by Russell Wallis, who is also lead manager on the company's flagship Capital Trust fund, will utilise the research it already generates as part of running Capital Trust, as well as Wallis's own experience in operating in the options market. The product is registered as a Cay...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes