Thames River duo to take stake in new Purves and Lance fund

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Thames River multi-managers Gary Potter and Rob Burdett are set to become one of the first investors in Nick Purves and Ian Lance's new RWC income products.

Potter and Burdett, who run one of the UK's largest multi-manager ranges, are set to put an initial £5m-£10m into the RWC Enhanced Income fund, which uses a yield-boosting covered call strategy similar to the duo's former Schroder Income fund. The Thames River managers are also looking closely at the RWC Income Opportunities fund, which will incorporate Purves and Lance's best global ideas alongside more traditional UK equity positions. Burdett and Potter's Thames River Distribution fund already has a position in Schroder Income Maximiser, which is now run by Nick Kirrage and Kevin Mu...

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