Top 5 Australian Equities funds by inflows
UBSAustralian Share Fund, an essentially style neutral managed fund, benefited from a poor international share market over the past year that hurt mainly growth managers. It experienced the highest inflows in the Australian equities class not only because of poor markets overseas, but because it gained popularity due to awards won from research houses.
Helped by its value bias,PerpetualIndustrial Share Fund also managed to capitalise on the international market downturn to score the second highest Australian equities inflow. The fund manager was helped by a good brand awareness in the Australian market, and as yet Peter Morgan’s departure has had a minimal effect on inflows.
TheMLCMasterKey Unit Trust Income Builder is a multi-manager product of whichMaple-Brown Abbottmanages a large portion. As Maple-Brown is a value manager, it too benefited from the international situation. MLC has also been experiencing strong inflows across all its MasterKey products, according toAssirt.
Outsourced to value managerInvestors Mutual, Sandhurst Industrial Share Fund managed to find a place in the Top 5 managed fund Australian equity inflows because of this value bias.
AUTHOR
Recommended for you
In this episode of Relative Return, host Laura Dew speaks with Andrew Mitchell, director and senior portfolio manager at Ophir Asset Management, about why he loves working in fund management and the lessons he’s learnt in a decade of running a firm.
In this episode of Relative Return, host Laura Dew speaks with Blackwattle Investment Partners managing director and chief investment officer, Michael Skinner, about setting up an asset manager and what he looks for in an investment team.
In this special episode of Relative Return, Momentum Media’s Phil Tarrant and Jordan Coleman discuss the publishing house’s expansion into greater coverage of the wealth management space.
In this episode of Relative Return, host Maja Garaca Djurdjevic speaks with Riley James, founder and chief executive of fintech SuperAPI, about creating a superannuation ecosystem and potential changes from the Quality of Advice Review.
