Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Why a star loan investor is reshaping his exceptional fund

Geoff Miller, chief executive of GLI Finance, explains how and why he is reshaping a portfolio that has delivered exceptional returns.

Over the past three years GLI Finance has generated a total return of 106%, with approximately half coming from share-price appreciation and half from dividends. The FTSE All Share has returned 31% through the same period.

However, GLI Finance is now seeking to change what has been a winning strategy by spinning off its loan book. Miller tells Wealth Manager why 'it is time to move on from a passive loan strategy', and insists that the fund's yield of around 10% can be maintained through the new portfolio.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: from Batman Live to commodity beta

Profile: from Batman Live to commodity beta

Charteris may be a family affair, but the company is not at any risk of turning sentimental

Wealth Manager on Twitter