PM Capital, Zurich set up global equity income fund

“The exciting part is that the product has global scale and capacity so we can search the US and Europe, we can be in eBay and all sorts of other names, and convert market volatility into regular distributions.”

Kewin adds that this global approach provides access to a bigger universe of stocks and hence, greater opportunity for diversification and growth.

“Companies like Google and eBay are part of the current global growth story and offer real diversification from the resources and finance stocks that dominate the Australian market,” he says.

The Zurich Investments Global Equity Income Fund is available to investors with a minimum investment of $5000.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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