Lonsec increases Talaria fund allocation
Lonsec Investment Solutions has increased its Talaria Global Equity fund allocation to its retirement managed portfolios.
Chad Padowitz, Talaria chief investment officer, said the firm felt this increase was validation of its process which generated income from differentiated sources and wasn’t reliant on dividends.
The process of generating income through its option premiums was a key reason for the change.
As companies had cut or deferred dividends, this was expected to continue for some time with companies failing to offer any earnings or dividend guidance.
The firm said its ability to generate income for investors wasn’t constrained by these factors and had distributed an average 7.5% per annum to investors for the last decade.
AUTHOR
Chris Dastoor
Recommended for you
Six months after scrapping its planned deal with KKR, Perpetual is yet to make significant headway on the sale of its wealth management division but is focusing on alternatives for product development.
Platinum Asset Management’s NPAT has fallen by 89 per cent in FY25, with the firm confirming that it will be renamed as L1 Group following the expected completion of its merger with L1 Capital.
Statutory NPAT at Pacific Current has almost halved in FY25 to $58.2 million as the result of an investment restructure.
Being able to provide certainty about redemptions is worth fund managers pursuing when targeting the retail market even if it means sacrificing returns, according to Federation Asset Management.
