John Moore
Omega Global Investors (Omega) has revealed details of a new equity income investment strategy, to be managed by recent senior hire to the firm, seasoned portfolio manager John Moore.
John is a specialist in structuring and managing strong-performing investment funds targeting after tax returns designed for specific outcomes, including low volatility, low drawdown and consistent income to investors.
“That pretty much describes the brief for the Omega Australian Equity Income Fund strategy,” John said.
“We are on track for an April hard launch. The regular income needs of Australian retirees, who want less worry about their capital and the opportunity for longer-term growth in their retirement savings, is the target market for the Australian Equity Income Fund.”
The strategy aims to deliver income of 4-6 per cent per annum whilst delivering half the volatility of the underlying sharemarket.
Mathew McCrum, Omega co-founder said John’s approach complements a groundswell by investors towards risk-managed, outcomes focused investment solutions.
“John’s proven background managing Australian equities to a defined outcome using various investment and protection overlays dovetails perfectly with our existing Smart Beta Plus capability,” Mathew said.
The strategy will have an effective market exposure of 50%. Our equity income strategy invests in a diversified portfolio of Australian shares allowing us to deliver more income from your shares but also provide protection from market falls.
“In combination the options and shares display quite different risk/return characteristics to other equity income funds,” John said.