L1 Capital Long Short Fund added to AMP’s platform

L1-Capital/platform/

19 September 2017
| By Oksana Patron |
image
image image
expand image

The L1 Capital Long Short Fund, which is distributed by L1 Capitals’ distribution partner Channel Capital, has been added to AMP’s My North platform.

The fund was first launched in September, 2014, and returned 38 per cent per annum.

According to the company, the investment objective of this fund is to deliver a net return of at least 10 per cent per annum, with strong capital preservation characteristics.

Channel Capital’s head of distribution, Andrew King, said: “We are seeing increasing adviser demand in the alternative space whereby investors are hungry for less market exposure.

“The L1 Capital Long Short Fund has delivered excellent risk-adjusted returns with lower volatility than the ASX200 whilst also expressing characteristics that have protected investors capital in the instance of market sell offs.

“We are excited to offer advisers access to what we believe is one of the best available long short strategies in the market.”

Also, the firm said its flagship L1 Capital Australian Equities Fund, which was launched in August, 2007,  outperformed the ASX200 by 7.7 per cent over the past three years and by 4.9 per cent  per annum since inception.

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 3 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

3 days 9 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 6 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo