Antipodes to launch active ETF
Antipodes Partners has announced expansion plans with a launch of additional investment vehicles for its existing global equity strategies, an actively managed exchange traded fund (ETF).
The new fund, also known as an exchange quoted managed fund (EQMF), would be launched within the next two months and would be dedicated for self managed superannuation funds (SMSFs) and other retail investors.
The firm also launched Irish domiciled UCITS funds for its global equity strategies that were aimed at European and Asian investors, with Andrew Findlay being appointed as managing director to oversee the firm’s business activities.
Commenting on that, Findlay said: “The investment team has the advantage of managing a focused number of investment strategies. At the same time we are developing new vehicle to provide access to a broader spectrum of investors, both in Australia and overseas.”
Antipodes also grew its investment team in both Sydney and London which included the appointment of Kieran Rabbitt as the firm’s new investment specialist while Aidan Kerr and Vinayak Muralidharan were appointed as investment analysts.
The assets under management (AUM) grew to $7 billion in three years since its formation, with around half being sourced from institutions and half from retail investors, including SMSFs and high net worth individuals, the firm said.
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