Antipodes Global hits $100m target
Listed investment company, Antipodes Global Investment Company, has reached its $100 million milestone target on the back of strong adviser and investor demand.
The company said its global fund provided investors with access to a long-short global security investment portfolio that had currency management.
The Antipodes Global Fund generated a 7.45 per cent net return and outperformed the MSCI all country world index which yielded -0.6 per cent.
Chief investment officer of the group, Jacob Mitchel, said it was encouraging to see that despite market volatility, self-directed investors and advisers were taking advantage of the opportunity to invest in APL.
To see how the fund performed against the index, click here.
http://investmentcentre.moneymanagement.com.au/factsheets/mi-lffk0/anti…
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
