POWERED BY MOMENTUM MEDIA
Perennial fixed interest gains new mandate
Perennial Investment Partners has picked up a new mandate from the Tasmanian-based Retirement Benefits Fund (RBF) Board.
RBF has appointed Perennial to handle a cash-enhanced investment mandate valued at around $100 million.
Confirming the mandate this week, Perennial’s head of Fixed Interest, Glenn Feben said it reflected investors continuing pursuit of alpha.
“In a period where investors are looking for every little bit of extra alpha, cash-enhanced strategies have proven to be very popular,” he said.
Feben said the Cash-Enhanced Trust had now attracted more than $1.5 billion in funds under management, from a wide range of investors including superannuation funds, government bodies and corporations.
AUTHOR
Mike Taylor
Recommended for you
The sovereign wealth fund grew $11.5 billion in the March quarter, according to its latest portfolio update, having previously voiced caution about inflation’s downward trajectory.
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
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
62.62 3 y p.a(%)
3
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.95 3 y p.a(%)
4
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
5
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
Add new comment