Ardea hits $10bn FUM
Fixed income specialist, Ardea Investment Management has hit the $10 billion in funds under management (FUM) milestone.
The firm said that strong performance and careful risk management had helped drive institutional and retail client growth.
Ardea’s principal, Ben Alexander said: “Key to this has been the stability of the team, the diversity of our experience across global markets and our ability to tailor performance outcomes for larger clients.
“Most importantly, Ardea is grateful to the many clients who have supported us over the years and given us the opportunity to build a significant business.”
Ardea, which manages a range of defensive fixed income strategies, including absolute return, benchmark aware and objective based solutions, invests across Australian and global government bonds, fixed income derivatives, inflation-linked bonds and investment grade credit.
The company said that of particular note had been the strong growth in Ardea’s absolute return focused, ‘Real Outcome’ strategy, which now had in excess of $1bn under management and to which investors had been attracted by the strategy’s ability to deliver absolute returns irrespective of broader market conditions.
Ardea offers tailored mandates to institutional investors, as well as broader institutional, wholesale and retail access via three unit trusts; Ardea Real Outcome Fund, Ardea Real Outcome Plus Fund and Ardea Australian Inflation Linked Bond Fund.
AUTHOR
Oksana Patron
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.
