News

The 10th annual Zenith Investment Partners funds management awards will be live-streamed this year, on October 15, with the list of 22 awards having been fine-tuned for the occasion. A new award has been added – global small-cap equities – but two previously separate awards – Best Exchange Traded Fund and Best Listed Investment Company…

Alceon Group’s Debt Income Fund, which targets high, risk-adjusted returns from real estate lending, has been awarded a ‘Superior’ high investment grade rating in a new report by SQM Research, an independent investment research house. SQM says the commercial banks have reduced their exposure to real estate development and commercial real estate in recent years, providing…

Evergreen Ratings who are a specialist alternative asset ratings firm have released a report on a venture capital fund for investors looking exposure to an early-stage tech firm. Early stage investing via a venture capital fund provides funding for start-ups desperate for cash to fund their projects. They typically are projects just at beginning of…

Fund Manager Franklin Templeton Australia has been recognised for their award-winning global equities SMA. It’s the second year running that the manager has taken out the International Equities category at the 2021 IMAP Managed Account Awards. The Institute of Managed Account Professionals (IMAP) is the only industry organisation for advisers, managers, providers and other businesses…

Perennial Value Management, long known only for its value stock-picking prowess, this week closed the third iteration of the Private to Public Opportunities Fund. The raising was fully subscribed, hitting the $200 million cap that was put in place to ensure maximum flexibility for the portfolio managers, including Ryan Sohn. The fund is a unique…

The Financial Services Council (FSC) has introduced its Women in Investment Management Charter (WIM Charter). The purpose of the WIM Charter is to help improve gender balance in investment management, through the introduction of additional accountability and transparency mechanisms to enable organisations to achieve their desired, self-nominated, gender diversity target.   As part of its commitment, First…

Multi-strategy alternative investment manager Alceon is offering its unique debt-focused strategies to retail investors for the first time, with the launch of the Alceon Debt Income Fund. Investors and advisers alike are confronted with a very difficult proposition, with the current low interest rate environment coinciding with the threat of higher inflation. This places pressure…

Claremont Global founder Bob Desmond may well have one of the most interesting CVs among Australia’s leading portfolio managers. Born in Zimbabwe, he cut his teeth in investment markets in both Africa and the UK before settling in Australia and building what is now a $1 billion global equity business. Formerly the Evans and Partners…

Despite being among the top performing asset classes over the last 12 months, and longer term for that matter, the ability for financial advisers to access the global smaller companies’ sector has been limited at best. The options are, however, beginning to improve, with the launch of New York-based Royce Investment Partners by Franklin Templeton,…

Pikoulas departs Lipman Burgon as Pengana hires for high conviction. Covid-19 movement restrictions don’t appear to have restricted much job movement this week, with Alex Pikoulas amicably leaving his role as chief investment officer of high-net-worth boutique Lipman Burgon. It’s understood that Pikoulas will be joining Harper Bernays – which bills itself as “One of…

Mirae Asset Global Investments, a global investment manager with over $280 billion in assets under management, has announced the appointment of Kris Walesby as the CEO for its Australian operations.  In addition to Walesby’s appointment, Oliver Reynolds also joins Mirae Asset Global Investments as the COO for the region. Both these senior appointments are seen…

Jordan Cvetanovski and Steven Glass, former Pengana Capital equities managers, have resurfaced at the helm of their own venture, Pella Funds Management. Cvetanovski and Glass formulated their offering after leaving Pengana in March. They have now recruited two staff and commenced discussions with prospective investors for the new international equities boutique. Cvetanovski will be CIO…