Fulcrum AM to expand multi-asset range with income launch

The group did not yet have a launch date but said the UCITS compliant Fulcrum Income fund will look to return a 4.5% annual yield above the Bank of England's base rates, and is subject to Financial Conduct Authority (FCA) approval. Stevens and Shaikh will be supported in the management of the fund by the firm's 27-strong team of macroeconomic and asset class specialists.  It will use cost-effective implementation methods to invest primarily in equities, bonds, credit, REITS and option premia across all the major liquid asset classes. Stevens said: "The demand for income is well doc...