Alpha fund Managers picks Australian Ethical
Australian Ethical has announced it has received funds from multi-manager Alpha Fund Managers which has invested in its flagship fund, the Australian Shares Fund.
According to Alpha Fund Managers, the fund had been chosen due to its strong track record of outperformance and lower than market risk.
The Australian Shares Fund invests in Australian companies that meet the Australian Ethical Charter, with an aim to provide investors with long-term growth.
Australian Ethical’s managing director, Phil Vernon, said: “While other fund managers may be investing heavily in industries with an uncertain future, like coal, we’re making positive investments that benefit the planet, people and animals.
“We invest in sectors such as IT, healthcare and renewables.
“This, along with our bias to small cap stocks, means we have a different approach to many mainstream fund managers.”
AUTHOR
Oksana Patron
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
Frontier Advisors has bolstered its Japanese footprint through a partnership with the $350 billion asset management arm of Nippon Life Insurance Company.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
