EFM appoints Equity Trustees as RE
Hong Kong-based listed global equities firm EFM Asset Management (EFM) has appointed Equity Trustees as responsible entity (RE) for the EFM Global Financial Services and Technology Trust.
EFM would join the growing list of global fund managers entering Australia, with the launch of the EFM Global Financial Services and Technology Trust in the local market.
The trust aimed to provide access to a diverse range of global opportunities in the financial services and technology sectors, with the aim of achieving absolute returns for investors. It would adopt the same investment strategy followed by EFM’s existing offshore fund.
Russell Beasley, Equity Trustees executive general manager – corporate trustee services, said Equity Trustees had continued to expand its corporate trustee services in recent years, with its UK ACD, UCITS Management Company and AIFM services having attracted the attention of global managers.
“Our global offering is assisting investment managers who wish to tap into new markets, with the backing of a partner that can provide specialist local knowledge and a robust compliance and governance structure,” Beasley said.
Jeff Emmanuel, executive chair and chief investment officer of EFM Asset Management, said: “We are proud to partner with Equity Trustees to provide Australian based investors the ability to tap into winning companies in the global financial services and technologies sectors”.
AUTHOR
Chris Dastoor
Recommended for you
Evidentia’s chief investment strategist Nathan Lim has announced his retirement after a 30-year career.
GQG Partners has marked its fifth consecutive month of outflows as its AI concerns lead to fund underperformance but overall funds under management increased to US$166.1 billion.
Apostle Funds Management is actively pursuing further partnerships in Asia and Europe but finding a suitable manager is a “needle in a haystack”.
Managed account provider Trellia Wealth Partners, formed from the merger between Betashares and InvestSense, has appointed its first managing partner.
