Equities  

Geffen gets new fund as Neptune launches 4 products

London fund boutique Neptune has launched four funds including one for chief executive and founder Robin Geffen and another which represents its first foray into global income.

The group said the funds had been “soft launched” to enable them to build a track record and would only be available directly from Neptune initially, rather than via platforms.

Mr Geffen (pictured) will run the Monthly Income fund which will invest predominantly in UK stocks.

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George Boyd-Bowman, who was promoted to assistant manager on the flagship £950.4m Income fund led by Mr Geffen in December 2011, now has his own fund in the form of the Global Income fund.

Although the group has not confirmed which IMA sector the fund will sit in, if it joins the IMA Global Equity Income sector it would take the number of funds in the sector to 25.

Elsewhere, Ewan Thompson, the group’s head of emerging markets will run the group’s new Frontier Emerging Markets fund which will invest in Africa, South East Asia and Latin America.

Meanwhile, the group is also continuing its theme of promoting internal talent.

William Rice, who joined the company in October 2010 as an investment analyst and oil and gas sector researcher, will take on the new Russia Special Situations fund, which will focus on mid and small-cap stocks.

Mr Rice is also an assistant on the £360.4m Russia & Greater Russia fund alongside Mr Geffen. This fund focuses on large stocks so the new fund will mean “an expansion of the investment universe of Russian equities available to Neptune clients”, the group said.

All the funds launched on December 20.