Hyperion fund added to Macquarie Wrap
Hyperion Asset Management has announced that its Global Growth Companies Fund has been added to the Macquarie Wrap platform.
The fund returned 19.7 per cent per annum (after fees) since inception in June 2014 to October, 31, 2018, and generated 7.5 per cent per annum above the fund’s benchmark, the MSCI World accumulation Index, over the same time period, the firm said.
According to Hyperion’s managing director, Tim Samway, the fund applied a bottom-up approach aimed at producing superior investment returns for investors over long-term horizons.
“We’ve received a significant uptick in interest for our global strategy from both Australian advisers and investors – in particular, investors wanting greater exposure to global equities in their search for superior returns in an otherwise low-growth, low-return environment,” he said.
The fund is also currently available on BT Panorama, BT Wrap, Asgard, HUB24, mFund and Netwealth.
Recommended for you
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
Following yesterday’s news about First Sentier Investors closing four investment teams, a second global asset manager has announced it is closing its only dedicated Australian fund.