Oliver Russ, fund manager of the Argonaut European Income Fund, explains how many investors now appreciate the need to reduce their reliance on the UK for equity income and how Europe can provide the required diversification Download the latest Sales Aid
Oliver Russ (BA (Hons) CFA FSI)
Oliver Russ graduated from Oxford University in 1996 with a first class honours degree in Classics. He holds the CFA charter, has successfully completed the IIMR examinations, and is a Fellow of the Securities Institute. He joined investment boutique Orbitex in 1998, where he worked on European Equity and Income funds, and was responsible for running the Orbitex UK Equity Fund from its inception in March 2000.
In 2002 he moved to Invicta Investment Management, a privately owned hedge fund, joining Neptune Investment Management in April 2004 as a fund manager and financial analyst. Since founding Argonaut with Barry Norris in May 2005, Oliver has worked closely with Barry on the Argonaut European Alpha Funds, and is the lead manager of the Argonaut European Equity Income Fund.
Argonaut European Income Fund
The Ignis Argonaut European Income Fund is a high conviction, concentrated portfolio. It is biased towards high-yield companies whose intrinsic value is under-priced. The fund seeks to provide an income in excess of the yield of the MSCI Europe ex UK Index.
- Historic yield 5.6%*
- 'Best income ideas' fund
- Great diversifier for those who favour UK equity income
- OBSR A rated fund
For further information on past performance and key investment themes, download the latest fund factsheet
Argonaut Income Conference Call
*Yield as at 30/06/10, Yields are historic based on the preceding 12 months distributions as a percentage of the mid market unit price, as at the date shown. Yields will vary, do not include any preliminary charges, and investors may be subject to tax on distributions. Fund expenses are charged to capital. This increases the dividend distributions whilst constraining the fund’s capital performance by the same amount.
Past performance is not a guide to future performance.
The value of units and any income from them can go down as well as up and is not guaranteed. You may not get back the full amount invested.
This information is for professional clients and investment professionals only and should not be relied upon by retail clients.