Alpha signs with Standard Life for bond strategy
Boutique multi-manager, Alpha Fund Managers, has become the first Australian investor in the Standard Life Investments Absolute Return Global Bond Strategies Trust (ARGBS).
The fund has been operating in the UK since 2011 and was offered to the Australian market in June 2014 and operates as a multi-asset strategy with an annualised return of 4.9 per cent, net of fees, to 31 July 2015.
Rod Bristow, Managing Director of Infocus Wealth Management, the parent company of Alpha Fund Managers, said Alpha choose to invest in ARGBS because of the strong diversification benefits and consistent returns over time.
Standard Life Investments, Investment Director Wholesale Business, Matthew Newham, said Alpha's investment was a recognition of the differentiation that an unconstrained fixed income fund with a focus on absolute returns can provide for investors.
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