This publication brings latest news of product and service launches in North America's wealth management sector.

Vontobel Asset Management’s Quality Growth boutique, based in New York and part of Switzerland-headquartered Vontobel, has launched a global equity income strategy based on its research-driven investment philosophy.

Igor Krutov, co-portfolio manager and director of research, and Ramiz Chelat, co-portfolio manager, found in their whitepaper, Generating Equity Income through a Quality Growth Approach, that among high dividend yielding stocks, better quality companies as a group produced higher returns with less volatility than lower quality names, the firm said in a statement.

 The whitepaper analyzed the interaction between dividend yield and quality and found strong evidence of the benefits of a quality focus. The statement said that “this combination of high dividend yield and quality can be an attractive long term solution for investors”.

“For nearly two decades, we have been investing in high quality growth companies –franchises with high and stable returns on equity, strong balance sheets and strong free cash flow generation,” said Krutov. “These are the types of businesses that we feel can sustain and grow dividends over time. So a natural synergy exists between our traditional focus on quality growth investing and our global equity income strategy.”

The New York-based Quality Growth boutique, part of Vontobel Asset Management, managed SFr33.2 billion ($34.4 billion) in assets under management, as of December 31 2016.