Hostplus awards $500m mandate to Bell AM

1 November 2022
| By Laura Dew |
image
image
expand image

Hostplus has awarded a $500 million mandate to Bell Asset Management.

Bell, which focused on global equities, would manage a global small and mid-cap strategy for Hostplus’ developed markets portfolio.

Hostplus, CEO, David Elia, said: “Bell’s strong long-term performance record, the quality of the team and a disciplined investment approach were the key factors in our making them part of our growing and diversified portfolio. We expect this strategy to add resilience to Hostplus’ asset class structure in light of the increasing market uncertainty”.

Ned Bell, chief investment officer of Bell Asset Management, said: “We are delighted to have been selected by Hostplus, after an extensive due diligence process. We’re looking forward to working with the Hostplus team to manage funds on their members’ behalf. We understand the importance of this decision and greatly appreciate the opportunity”.

Bell said it was seeing increased demand for small and mid-cap equities as investors sought sources of alpha at lower risk levels versus other growth options.

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

5 months ago
Kevin Gorman

Super director remuneration ...

5 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

5 months 1 week ago

The $85 billion fund has commenced a search for two new directors as it bids farewell to Sally Evans and Julia Fox....

1 day 4 hours ago

The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion....

1 day 6 hours ago

Weighing up the capacity problem onshore against enticing opportunities offshore, two of Australia’s largest super funds have shared their approach when it comes to hunti...

1 day 23 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND