Blackwattle Investment Partners has selected Equity Trustees as the responsible entity (RE) for its first range of Australian equity funds.
These will be the Large Cap Quality Fund, Mid Cap Quality Fund, Long-Short 130/30 Quality Fund and Small Cap Quality Fund.
The first three of these are expected to launch tomorrow (1 August) and the Small Cap Quality Fund is expected to launch in September.
The fund manager was set up earlier this year, and its leadership team includes many senior industry executives, such as chief executive Jarred Rubin, formerly with Citi Institutional Equity Sales; executive director Matthew Dell, previously with Pinnacle; and head of distribution Maggie Mills, former head of investment sales at Zurich.
The portfolio managers of its four investment offerings come from some of the country’s best-known firms, like Ellerston Capital, Watermark, Schroders and Aware Super.
Michael Skinner, Blackwattle managing director and CIO, said: “We are extremely proud to launch our foundational range of equity funds to Australian investors, offering investment solutions that are backed by aligned management and investment teams, that will act with enhanced transparency.
“We have refined our inaugural investment offerings to reflect our strong belief of investing in Australian business that have a forward advantage, aligned management, and are priced below their intrinsic value.
“Coupled with our aligned and transparent business model, we believe Blackwattle will provide a refreshing offering to Australian investors across domestic equity markets, and in the future across global equity markets,” said Skinner.
Russell Beasley, executive general manager, corporate trustee services at Equity Trustees, said: “We are delighted to be selected as the responsible entity for this exciting new range of equity funds from Blackwattle. We look forward to working alongside Blackwattle into the future as they enter the market and continue to grow their offering.”
Earlier this month, Equity Trustees was announced as the superannuation trustee for Future Super Fund, including ethically invested super offering Verve Super.
