RWC Partners has announced the details for the launch of two planned equity income funds, the RWC Income Opportunities Fund and the RWC Enhanced Income Fund. The new offerings will be managed by the equity income team of Nick Purves, Ian Lance and John Teahan.
RWC Income Opportunities launches at the end of September, with RWC Enhanced Income set to roll out in mid-October. “High-yielding equities currently look anomalously cheap relative to other assets,” said RWC’s CEO Peter Harrison. “It is rewarding to be able to combine an offering of strong managers, good investment thesis and opportunistic market timing.”