Zurich set to move into global equities space
Zurich is planning to launch two new funds in the global equities space, its first new funds since the launch of the Zurich Investments Global Small Companies Share Fund and Global Property Securities Fund last year.
The company is also set to appoint two US-based based specialist managers to run the new funds, according to investments director Matthew Drennan.
“We’re looking to launch a couple of other funds in the global equities space and we’re talking to a couple of interesting managers in the US at the moment.
“Once we have completed the due diligence, and the managers have signed, we would certainly be making an announcement around that.”
The appointment of the two new managers will continue Zurich’s strategy of forming strategic partnerships with specialist investment managers.
Recommended for you
Investment manager Woodbridge Capital has appointed Ben Evans as executive director, origination, joining the firm from Metrics Credit Partners.
Revolution Asset Management has listed its Private Credit Income Trust on the ASX today, offering retail access to Australian and New Zealand private credit.
Northern Trust Asset Management has appointed Anwiti Bahuguna as global co-chief investment officer to succeed Michael Hunstad, who was recently named president of the firm.
Three managed investment schemes have received interim stop orders from ASIC following its private credit review, including two run by La Trobe Financial Asset Management.