Bell Asset Management posts strong growth
Bias towards small and mic cap companies which offer strong growth opportunity has helped Bell Asset Management (BAM) double its funds under management (FUM) in 18 months and record strong growth returns.
According to FE Analytics, the BAM Bell Global Emerging Companies fund had annualised one year returns of 16.50 per cent ahead of the benchmark (13.31 per cent) and far above the 7.85 per cent average of its returns over three years.
BAM FUM also rose to $1.5 billion with growth experienced in both Australia and the US.
Managing director, strategy and distribution Rob Sullivan, said: “We remained focussed on the areas where we see the most growth potential and have made a number of key changes to open up access.”
“We invested in distribution to further support and grow our client base,”
BAM’s flagship fund, Bell Global Equity Fund was added to the HUB24, Netwealth, OneVue and Macquarie Wrap platforms this year, and along with the Emerging Companies fund, is no longer exclusive to institutional investors.
“There is a growing demand from Australian retail investors, including those with self-managed superannuation funds, for access to high quality international funds,” Sullivan said.
FE Analytics showed the Bell Global Equity Fund had first quartile annualised one, three, five and 10 year returns at 19.29 per cent, 11.25 per cent, 17.81 per cent, and 5.02 per cent respectively.
Recommended for you
Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.
Three solutions providers – Betashares, Franklin Templeton and Russell Investments – have all launched new ETF products, including one range which uses gearing to help build wealth.
Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its newly announced turnaround strategy.
There is a role for advisers using inflation-linked bonds in portfolios, according to AXA IM, as the possibility of higher inflation necessitating another US rate hike is not out of consideration.
