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DDH Graham appointed responsible entity for Q Invest funds
Brisbane-based funds management and administration company DDH Graham has been appointed responsible entity of four Investment Access Funds of Q Invest, the financial services entity jointly owned by QIC and QSuper.
The change in the responsible entity of these four funds has been made to allow Q Invest to concentrate on its primary role of providing financial planning and related services to its clients.
Q Invest's four active investment access funds will be added to the five existing DDH investment funds under a new offering to be known as the DDH Investment Access Funds, according to DDH Graham joint managing director Peter Lockhart.
He said the addition of these funds would complement the DDH Graham fund offering, which will now encompass individual and multi-sector investment options.
All of these funds, with the exception of a cash fund, are managed by QIC - the fourth largest fund manager in Australia.
This change was approved by separate meetings of unit holders in each of the four Q Invest funds.
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