Top 5 International Equity funds by inflows

international-equities/fund-manager/

9 December 2003
| By Ben Abbott |

Platinum Capital Managementwas one of the few managers able to achieve good inflows in international equities over a period of poor market performance. Its Platinum International Fund came out a clear number one in international equity inflows over the year.

Assirt says its popularity was due to the fund manager’s ability to take short positions in its international fund as opposed to the long positions of most mangers, enabling a combination of long and short plays that have helped it survive the international market downturn.

TheABN AMROGlobal Equity Fund is one fund that had inflows Assirt found surprising. Despite the manager’s growth bias, it managed to capitalise on success in institutional markets to come in third behindMLCInv Trust Platinum Global.

Deutsche also managed to use the short strategy of itsDeutscheStrategic Value Fund to make it into the top five. Being a hedge fund of funds encompassing multiple hedge fund strategies, it managed to attract inflows due to poor international markets.

NameInflows $m

1. Platinum International Fund1727.55

2. MLC Inv Trust Platinum Global520.8

3. ABN AMRO Global Equity Fund443.03

4. MLC MasterKey Unit Trust Platinum Global390.86

5. Deutsche Strat Value114.52

Source:Assirt , inflows for 12 months to Sept 2002

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