POWERED BY MOMENTUM MEDIA
Apostle forms distribution partnership with Windham
Apostle Asset Management (Apostle) has formalised a distribution partnership with US risk management specialist Windham Capital Management LLC (Windham).
Apostle managing director Karyn West said the company was now seeking new ways to help investors relieve market pressures caused by Australia's ageing population and associated longevity risk.
"Members approaching retirement, and those in retirement, have specific needs such as income, low volatility, downside protection and inflation protection," West said. The Windham approach would aim to deliver these primary goals while also focussing on capital appreciation when markets were calm, she said.
Windham's chief investment officer Mark Kritzman said, "Markets have shown again and again that moves triggered by macro issues can swamp investor returns, yet a very large proportion of effort in portfolio management is focussed on micro factors."
Windham's risk-centric approach would be timely for the Australian market, said the firm's managing partner Stan Shelton. "With Australia's renewed focus on risk management through top-down, active asset allocation, Windham's approach will support Apostle in delivering innovative solutions to its clients," Shelton said.
AUTHOR
Angela Welsh
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 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(%)
