Global investment manager, Partners Group, has succeeded in having a key product accept on two key Australian platforms.
The company announced this week that its Partners Group Global Value Fund had been accepted onto the BT SuperWrap and Macquarie Wrap platforms.
It described the product as an open-ended managed fund that provides investors with immediate exposure to a mature private equity portfolio of over 1,000 private companies operating around the globe.
Commenting on the product’s inclusion on the two wrap platforms, Partner Group vice-president, Jonathan Abraham the Fund gave investors access to international privately owned businesses, many of them household names, which were normally very difficult to access as they are not traded on public equity markets.
“Being private companies, their valuations are based upon underlying earnings and are a reflection of how the business is actually performing. Subsequently, private companies are not so exposed to the investor sentiment and volatility found in public equity markets,” he said.
