Ratings houses recommend Colchester fund following MacPherson hire
Lonsec and Zenith Investment Partners have recommended Colchester Global Investors' Global Government Bond Fund, since the firm's recruitment of Angela MacPherson.
The firm announced that Lonsec had issued a "highly recommended" rating for the fund, while Zenith, listed it as "recommended".
The global sovereign bond manager said the ratings culminated with the hiring of MacPherson as Head of Distribution Australia.
"She will be responsible for introducing Colchester's Global Government Bond Fund to the Australian intermediary market place for the first time in a bid to capitalise on these strong research ratings and platform interest," the firm said in a statement.
Recommended for you
Despite ASIC concerns about private credit funds being accessed via the advised channel, there are questions regarding how high its usage actually is among financial advisers.
Challenger has looked to the superannuation industry for its appointment of a group chief investment officer, a newly-created role.
Perpetual has confirmed it has entered into an exclusivity agreement with a US private equity firm to progress discussions regarding the sale of its wealth management division.
Paradice Investment Management has become the latest fund manager to launch an active ETF version of its managed fund, placing greater emphasis on retail distribution.

