Colonial First State hands H2O first Australian mandate
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.
AUTHOR
Ashleigh McIntyre
Recommended for you
Dan Farmer, chief investment officer of MLC Asset Management, has detailed how its super fund allocations have evolved and whether the fund will consider investing in bitcoin.
Australia’s superannuation capital has been positioned to play a larger role in south-east Asia’s economic development under a new government-backed deal.
Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
