Wilson appoints Equity Trustees as RE
Wilson Asset Management has appointed Equity Trustees to be the responsible entity (RE) for its new Wilson Asset Management Leaders Fund.
The fund was launched on 3 October and provides investors with access to an actively managed investment portfolio, comprised of large cap companies listed predominately on the ASX 200 that offer compelling fundamentals, a robust macro-economic thematic and a catalyst.
It aims to achieve a combination of capital growth and income over the medium to long term, in addition to preserving capital, managed by lead portfolio manager Matthew Haupt.
The fund will replicate the investment strategy of WAM Leaders Limited, an Australian ASX-listed investment company which listed in 2016.
Andrew Godfrey, executive general manager, corporate and superannuation trustee services at Equity Trustees, said: “We are excited to be selected as the responsible entity role for this unit trust by Wilson Asset Management and look forward to working closely with them.
“Our expertise and decades of experience in fund governance means we’re well-placed to work effectively with Wilson Asset Management.”
This is the latest asset manager to opt for Equity Trustees as an RE following a decision by Blackwattle Investment Partners, LaSalle and SG Hiscock to select the firm as their RE.
It was also announced as the superannuation trustee for Future Super Fund, including ethically invested super offering Verve Super. The superannuation trustee business now services more than 630,000 super fund members.
Wilson Asset Management is the investment manager for a diversified portfolio of listed investment companies investing in Australian large cap equities, Australian small to mid cap equities, global equities, Australian microcap equities, discounted asset opportunities and alternative assets.
It was established in 1997 by Geoff Wilson and currently manages over $5 billion of funds under management.
AUTHOR
Laura Dew
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
Add new comment