Cooper Investors extends retail reach with Macquarie platforms
Melbourne-based global equities fund manager, Cooper Investors has announced its retail push with Macquarie Wrap, with two of its long-only global funds now available to planners.
The financial planners could access them on the Macquarie Investment Manager/Consolidator and Macquarie Super Manager/ Consolidator platforms.
The move would grow the number of platform providers currently offering Cooper’s global funds, with the others being BT Wrap, BT Panorama, Asgard, HUB24 and Powerwrap.
The firm said that the unhedged fund produced a net return of 20.50 per cent for the 12 months to 28 February, 2018 compared with a 17.21 per cent return for the index benchmark, the MSCI AC World Index.
Cooper’s senior retail sales manager, Andrew Hall said: “These two funds, with their history of outperformance, offer the retail market the opportunity to get exposure to long-only funds that are underpinned by Cooper Investors’ VoF research philosophy, standing for value latency, industry and strategic trends, and focused industry and management behaviour.”
Both fund were rated by Zenith Investment partners and Lonsec and had attracted interest in the institutional market since their inception in 2004 (hedged) and 2008 (unhedged) and would be now available to retail investors, the firm said.
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