Schroders is planning to create a multi-manager product based on its popular Income Maximiser range, which would offer investors a 7% yield and monthly income distribution.
The fund of funds product, which is set to follow the February launch of Schroders’ new Global Property Income Maximiser vehicle, would invest across the group’s range of five quarterly-paying Maximisers...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till