Psigma IM adds cautious income strategy to model portfolio range

This will be modelled on the firm's existing cautious strategy, which aims to generate defensive returns through diversified investment. It will have a maximum of 30% invested in developed and emerging market equities. It will have a investment objective of inflation plus 2% and estimated yield of around 3%. The strategy will be available on Transact, Ascentric, Aviva, and Fusion platforms and brings the total number of Psigma managed portfolio strategies to five. Frank McGarry (pictured), director of sales and marketing, said: "We have designed the new cautious income strategy to ...