Rothschild to change to multi-style investments

Rothschild Australia Asset Management (RAAM) has shaken up its 20-year-old investment strategy and introduced a multi-style process.

Rothschild Australia Asset Management (RAAM) has shaken up its 20-year-old investment strategy and introduced a multi-style process.

Rothschild, previously known as a value manager plans to introduce the new in-vestment styles later this year.

Managing director Peter Martin says the company’s role is to bring “best breed” investment products and services and not be limited to one part of the spectrum.

“Rothschild will continue to manage its existing range of value-orientated products true to label and deliver to their promised style,” Martin says.

“We believe our clients require a variety of investment approaches to meet their needs and consequently we will be offering them a broad and deep product suite to choose from.”

Martin did not reveal how many new products the company will offer in the near future, however he says: “if a client chooses a product with a particular style bias they can be sure their investment is being managed in the manner described”.

Rothschild recently launched the Discovery range of international equities prod-ucts. The group is offering the funds through the association with US fund manager Putnam Investments.

The retail fund, the Five Arrows Discovery Global Fund, has a minimum invest-ment entry level of $10,000. The wholesale fund, the Rothschild Discovery Global Wholesale Trust, has a minimum entry of $100,000.

“Putnam offers over 100 different types of equity portfolios to both retail and in-stitutional investors, forming 82 per cent of Putnam’s $US415 billion under man-agement. This gives Rothschild a very large selection from which to source in-vestment solutions which will meet the ends of Australian clients,” Martin says.

Rothschild announced last year that Putnam Investments would take over the group’s $900m million in international equities. This agreement comes into effect this month.