POWERED BY MOMENTUM MEDIA
Alliance Bernstein wins VicSuper mandate
Alliance Bernstein has picked up a $100 million mandate from VicSuper.
The fund manager announced this week that the mandate related to the Alliance Bernstein Emerging Consumer Strategy.
Announcing the mandate win, Alliance Bernstein portfolio manager, emerging consumer, Tassos Stassopoulos said the strategy allowed investors who were concerned about the short-to-medium-term outlook for emerging markets to explore ways to diversify their exposure.
"This approach offers diversification from traditional emerging-market equity strategies in two ways--by focusing on emerging-market consumers and by being benchmark-unaware," Stassopoulos said.
Confirming the mandate, VicSuper chief investment officer, Oscar Fabian said the Emerging Consumer strategy would diversify the fund's emerging-market equities exposure.
Recommended for you
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards.
The asset manager is bolstering its investments in the global energy transition and climate opportunities.
The ethical investment manager has reported record FUM as its growth trajectory continues apace.
The chief investment officers of UniSuper, HESTA, and TelstraSuper have elaborated on opportunities and risks that are top of mind when it comes to illiquid assets like private credit within their portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment