POWERED BY MOMENTUM MEDIA
Ashton launches Paulson funds
Boutique investment management group Ashton Advisors has today announced the launch of a number of wholesale funds providing access to New York-based fund manager, Paulson and Co.
Ashton Advisors managing director Nick Raphaely said the Ashton-Paulson funds had been designed for Australian and New Zealand wholesale investors.
He said Ashton had sought to overcome regulatory and tax issues by establishing an Australian dollar unit class and creating separate unit trusts for superannuation and non-superannuation investors.
Raphaely said that, as well, Ashton-Paulson funds had a locally based trustee (Ashton), administrator and custodian (BNP Paribas Fund Services) and auditor, PricewaterhouseCoopers.
He said Ashton was offering three Paulson products, each via an Australian wholesale unit trust structure — the Ashton-Paulson Recovery Fund, the Ashton-Paulson Credit Opportunities Fund and the Ashton-Paulson Event Driven Fund.
AUTHOR
Mike Taylor
Recommended for you
The Your Future, Your Super scheme and RG 97 may be directing capital away from more productive uses and discouraging active investment strategies, says the independent MP.
SuperRatings has shared the top 10 balanced options of the last financial year.
Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades.
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
