Minimal volatility strategy sees Atrium secure $1b FUM
Blocking out market noise and adopting a "minimal volatility" strategy has seen Atrium Investment Management reach $1 billion in funds under management (FUM).
Atrium chairman, Chris Cuffe, said the firm's strength was in the ‘purity' of its investment foundations.
"Atrium is a prime example of a new breed of ‘true' active investors available to Australian financial advisers and clients," he said.
Cuffe said many investors remain concerned about their investments, with a range of external factors potentially impacting their portfolios, considering the prevailing investment environment of historically low cash rates, volatile equity markets and poor yielding bonds.
"Atrium, with its well-diversified, specialist investment management capability is a welcome and intelligent alternative to the multitude of long-only Australian equity managers, or index funds," he said.
Recommended for you
Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives.
In this latest Meet the Manager profile, Money Management speaks with Ophir Asset Management co-chief executive Andrew Mitchell.
There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney tonight.
Economists feel it is likely that the RBA would have discussed the possibility of a rate hike at yesterday’s board meeting, pushing the possibility of rate cuts further down the road.