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
Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
The ATO has revealed nearly $19 billion in lost and unclaimed super, urging over 7 million Australians to reclaim their savings.
The industry super fund has launched a new digital experience designed to make retirement preparation simpler and more personalised for its members.
A hold in the cash rate during the upcoming November monetary policy meeting appears to now be a certainty off the back of skyrocketing inflation during the September quarter.
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
120.73 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
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
