Colonial First State has awarded H20 Asset Management a global fixed income and currency mandate of $270 million as an allocation within its FirstChoice multi-manager funds.
The London-based fund manager was sourced through Apostle Asset Management.
Apostle’s director of sales, Richard Borysiewicz said H20’s fixed interest capabilities have found strong resonance in international markets, with this being their first Australian mandate.
H20 was launched in July last year in partnership with Natixis Asset Management by Bruno Crastes and Vincent Chailley, formerly of Amundi Asset Management.
