POWERED BY MOMENTUM MEDIA
HESTA and Martin Currie enter international equities partnership
HESTA has appointed Martin Currie Investment Management to be the underlying investment manager for a new global equities portfolio.
The international equities partnership mandate will be managed by the Edinburgh-based global long-term unconstrained team whose strategy is designed to provide sustainable long-term outperformance of the market from a high conviction portfolio, backed by proprietary and systematic fundamental research.
“Central to the partnership is a fee pricing structure based across Martin Currie and HESTA’s full relationship, rather than on each individual investment capability in order to maximise value for HESTA’s member base,” the superannuation fund said.
“HESTA’s investment team also gains full access to Martin Currie’s global investment reach, through research insights and proprietary environmental, social and governance (ESG) resources and analysis across global, emerging market and Australian equities.”
Commenting on the appointment, Steven Semczyszyn, HESTA general manager growth, said: “We are excited to be entering into this mutually beneficial partnership with Martin Currie.
“We look forward to working with a like-minded progressive partner like Martin Currie to drive towards better outcomes for HESTA and its members. The partnership will also assist us to achieve our carbon emission targets as part of our Climate Change Transition Plan.”
Recommended for you
Equity markets have surged ahead of fundamentals as institutional investors fall behind, according to Ten Cap Alpha Plus.
Local investors are leading the region in plans to boost private market exposure, as demand grows for innovative fund structures, resilient investments, and a more selective approach to alternatives.
Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.
The global financial platform has completed a Series F funding round, with superannuation funds participating in the round.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
