Mott reveals strategy for latest venture

The equity income manager, whose PSigma Income fund is being launched on Monday (March 19), has assured IFAs he would be running it in a similar way to his Credit Suisse funds. The retail income fund, which will see Mott focus on spotting inflection points at market levels, will be the first product offered by PSigma Asset Management, headed by former Credit Suisse retail managing director Ian Chimes. Half the firm will be owned jointly owned by Chimes, Mott and Graham Fuller. The remaining share capital is owned by the Punter Southall Group. The fund house’s philosophy will be bas...