POWERED BY MOMENTUM MEDIA
Apostle links with Dundas
Apostle Asset Management will distribute a new global equity investment strategy on behalf of Edinburgh-based Dundas Global Investors which is aimed squarely at gaining traction in the Australian post-retirement market.
The distribution agreement was confirmed by Apostle Asset Management's Karyn West, who said the company had sought out a boutique income-orientated global equity strategy and that Dundas had fitted the bill.
In an interview with Super Review overnight, Dundas founder Alan McFarlane made no bones about the manner in which the Dundas product was designed to meet the needs of investors looking to continue wealth accumulation in the post-retirement phase.
He said Dundas would seek to do this through strategic global equities selection, with the objective of providing steady, rising dividend income coupled with capital growth.
West explained that the Dundas global portfolio invested in the best public companies from around the world, relying on proprietary research to identify up to 100 with no distinction between developed and emerging markets.
Recommended for you
Infrastructure well-positioned to hedge against global uncertainty, says investment chief.
The fund manager remains positive on the outlook for gold and believes ongoing market volatility will provide opportunities to acquire small-cap stocks in promising sectors.
T. Rowe Price Group VP said investment strategies must adapt to an ageing population, as Australians outlive their retirement savings.
The international asset manager expects AI will reach a point in the near future where it can autonomously manage investments within certain parameters set by fund managers.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
