Emerging markets manager, RWC Partners, has announced it has entered the Australian market via its partnership with Channel Capital and received a ‘recommended’ rating from Zenith for its CC RWC Global Emerging Markets Fund.
The strategy, which is managed by John Malloy and Thomas Allraum, returned 14.43 per cent per annum (after fees) since inception and was praised by the research house for its investment team and “viewing its depth and experience positively, as well as viewing its solid long-term track record positively, under the current investment process”.
The fund invested in emerging markets and might hold up to 20 per cent allocation to frontier markets whilst also providing daily liquidity.
Channel Investment Management is the responsible entity (RE) of the fund, with Channel Capital to be providing investment operations, client services and distribution and marketing for the fund.
The partnership was initiated by the investment firm which faced growing demand by Australian investors for benchmark agnostic emerging and frontier market allocation, it said.
“We are pleased to be partnering with a high quality firm such as RWC Partners, offering our clients access to a globally renowned emerging and frontier markets manager,” Channel Capital’s managing director, Glen Holding, said.
The CC RWC Global Emerging Markets Fund, which was an Australian domiciled unit trust and provides investment exposure to global emerging and frontier markets with the objective of providing long-term capital appreciation.
According to the company, it could suit investors looking for concentrated exposure to stocks in emerging and frontier markets with the potential for growth or those looking to diversify their portfolio away from domestic or developed markets.