POWERED BY MOMENTUM MEDIA
Cambridge opens Sydney office
A $150 million institutional mandate represented one of the catalysts for active currency alpha and overlay manager Cambridge Strategy, which is opening an office in Sydney this month to conduct research and portfolio management.
The London-based company announced the opening of its Sydney office this week and said it would be led by Chris Udy, who had worked for the firm in London as director of research.
Commenting on the move, Cambridge Strategy’s Australian-born marketing director, Derek Doupe, said opening the office had been an obvious choice, with three of the firm's principals being either Australian or having work experience in Australia.
He said the firm had been active in appointing people with deep experience in the Australian market as part of a long-term strategy.
Doupe said the initial focus of the company’s entry to the market would be superannuation schemes.
AUTHOR
Mike Taylor
Recommended for you
Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Members Council.
The Commonwealth Bank has warned that uncapped superannuation concessions may be “unsustainable” and has called for the introduction of a superannuation cap.
Superannuation funds have posted another year of strong returns, but this time, the gains weren’t powered solely by Silicon Valley.
Australia’s $4.1 trillion superannuation system is doing more than funding retirements – it’s quietly fuelling the nation’s productivity, lifting GDP, and adding thousands to workers’ pay packets, according to new analysis from the Association of Superannuation Funds of Australia (ASFA).
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(%)
