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Australia’s First India Equities ETF to Launch

Posted by Anton Murray Consulting on . Posted in Funds Management News, News

InvestorDaily

Aussie investors will soon have the opportunity to gain exposure to the world’s sixth-largest economy. ETF Securities has partnered with one of the biggest asset managers in India and is poised to give Australian investors unique access to the burgeoning Indian economy. The launch of ETF Securities’ latest Exchange Traded Fund (ASX code: NDIA) is just around the corner and comes as more than 900 million eligible voters head to the polls in India.

“The elections now underway in India underscore the huge numbers we are dealing with when it comes to the Indian economy, an investment opportunity we will soon be putting within easy reach of Australian investors,” said Kris Walesby, head of ETF Securities Australia. Founded by entrepreneur and philanthropist Graham Tuckwell, ETF Securities offers funds ranging across local and international share markets and sectors including robotics, biotechnology and commodities. “India has a US$2.6 trillion-dollar economy that is home to iconic companies like Tata and Infosys,” Mr Walesby said. “Its transformation to a services-led economy has driven innovation and efficiencies and the rise of a wealthier consumer.”

The rest of this article can be found at investordaily.com.au.

RWC Partners Enters the Australian Market

Posted by Anton Murray Consulting on . Posted in Funds Management News, News

InvestorDaily

Boutique fund manager Channel Capital has announced that it is now offering Australian investors access to global investment manager RWC Partners. The CC RWC Global Emerging Markets Fund provides investment exposure to global emerging markets and frontier markets with the objective of providing long-term capital appreciation. The fund is an Australian registered managed investment scheme and invests in the underlying fund (the RWC Global Emerging Markets Fund), managed by RWC Asset Management LLP.

The strategy is managed by emerging market veteran portfolio manager John Malloy and co-portfolio manager Thomas Allraum. The two PMs and their 19-strong investment team currently manage $8.21 billion on behalf of its clients and brings together the economic and cultural perspectives of 13 nationalities, speak 16 languages and draw on business experience gained from having worked together around the world for over twenty years. This is a first time ‘recommended’ rating by Zenith Investment Partners for the Fund.

The rest of this article can be found at investordaily.com.au.

Bennelong Opens New York Office

Posted by Anton Murray Consulting on . Posted in Funds Management News, News

IFA

Bennelong Funds Management has expanded into the US with plans to distribute a number of its existing investment funds to institutional investors through a strategy similar to that of Australia and the UK. The new subsidiary, BennBridge US, has appointed Barbara Safranek as president, who will head up the company’s newly established office in New York. In her new role, Ms Safranek will build and develop strategic relationships within the industry and oversee institutional distribution.

More Investors Choosing with Conscience

Posted by Anton Murray Consulting on . Posted in Funds Management News, Investment Banking News, Market Commentary, News

InvestorDaily

Nearly half of Australian investors are influenced by environmental, social and governance factors when choosing funds or companies to invest in at 43 per cent, a study has found. The Legg Mason Global Investment Survey, involving 16,810 investors from 17 markets, including 1,000 Australians, showed 88 per cent of investors believe that fund managers should actively ‘police’ companies they invest in to ensure they act responsibly. Around 55 per cent of respondents said they avoid businesses with controversial track records.

Almost half of respondents at 45 per cent said they will increase ESG investments over the next five years. Millennials were found to find responsible investing more important, with 70 per cent of the demographic investing in sustainable funds, as opposed to 21 per cent of Baby Boomers. The study found Millennials at 28 per cent were equally as likely as Baby Boomers, at 24 per cent to feel fund managers should consider a company’s effect on their local community.

The rest of this article can be found at investordaily.com.au.

Over 100 Financial Institutions Restricting Coal Funding

Posted by Anton Murray Consulting on . Posted in Funds Management News, Investment Banking News, News

InvestorDaily

New research has revealed that over 100 major global financial institutions have introduced policies restricting coal funding. The research from the Institute for Energy Economics and Financial Analysis has found that global capital is leaving the coal sector at fast pace. Since 2013, coal exit announcements have occurred at a rate of over one per month form banks and insurers holding more than US$10 billion worth of assets under management.

Since the start of 2018, there have been 34 new or improved announcements from global institutions restricting coal, making an average of one new announcement every two weeks. The first restriction came from The World Bank in 2013 with the 100th coming from the European Bank of Reconstruction and Development. Since the beginning of 2019, moves have come from banks in the UK, Canada, Finland, South Africa and Austria.

The rest of this article can be found at investordaily.com.au.