BAEP added as model manager to Centrepoint’s platform
Centrepoint's managed account, vMAPs, has added Australian fund manager, Bennelong Australian Equity Partners (BAEP), as its second Australian investment model manager.
BAEP would provide investment models for vMAPs Australian equities core offering and complement Ventura Morningstar's Australian share model, Centrepoint said.
Centrepoint Alliance group executive for investment solutions, Mat Walker, said he was pleased to add a very high quality Australian manager to vMAPs, as BAEP identified opportunities that would complement their offering.
"The addition of BAEP as a new manager creates a new client and adviser centric way of investing in a world class investment option," Walker said.
Bennelong's head of distribution, Andrew Aitken, said Centrepoint had a focus on innovation and building investors' financial wellbeing.
"They [Centrepoint Alliance] are pivotal to our industry's future," Aitken said.
BAEP employed a research-intensive and high conviction approach.
Over the last five years the Bennelong concentrated Australian equity fund produced an annualised return of 20.25 per cent. It produced 15.63 per cent per annum over the last three years and 26.22 per cent year-on-year, based on Money Management Investment Centre (MMIC).
To compare BAEP's funds to its peers, click here
http://investmentcentre.moneymanagement.com.au/factsheets/mi-08fi1/benn…
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