All Star Funds expands stable with China fund
PIS-owned All Star Funds has added a new fund to its stable with the inclusion of the All Star Nomura China Fund.
Nomura Asset Management Singapore is the investment manager of the fund. The group has more than A$290 billion invested worldwide and has operated specialist Chinese equities funds since 1992, a statement from All Star said.
BDM Australasia has been appointed executive business development manager of the fund. Until now, All Star Funds has been mainly distributed to advisers who are part of the PIS group.
The new fund brings the total number All Star Funds to three. The other funds are the IAM Australian Share Fund and the All Star Income Fund.
Ventura Investment Management is the responsible entity for the All Star series of funds.
AUTHOR
Corrina Jack
Recommended for you
With Fortnum Private Wealth and Professional Financial Services now unified under the Entireti umbrella company, CEO Neil Younger has detailed to Money Management the firm’s new direction and future expansion.
The FAAA has suggested looking offshore for overseas financial advisers to ease the adviser shortage, but are employers willing to take on the burden of workplace visas?
There may be a huge influx of alternatives coming to the market, but timing and access difficulties mean advisers can easily end up disappointed with their selection, according to Morningstar global CIO Dan Kemp.
An NSW individual has pleaded guilty to one criminal charge of providing unlicensed financial services after promoting crypto investments at national seminars.
