POWERED BY MOMENTUM MEDIA
Boutique manager targets more instos
Boutique fund manager, Prime Value Asset Investment Management, which is aiming to expand its institutional investor client base, has announced the appointment of Peter Murphy, ex-chief executive of Christian Super, to its expanded client services team.
Murphy, who spent more than a decade at Christian Super, during which time the fund managed to enter top quartile growth Australian superannuation funds, has extensive governance experience, including roles on Macquarie’s Cleantech Fund advisory committee and the Australian Committee of the United Nations Principles of Responsible Investment.
Additionally, the fund manager boosted its client services team with the appointment of Andrew Russell as its new relationship manager.
Prime Value said it sharpened its institutional focus after launching several alternative investment options which included enhanced cash, agriculture, infrastructure and mortgage funds.
Prime Value’s chief executive, Yak Yong Quek, said: “Peter Murphy understands institutional investors, he is cut from the same cloth and we think he will be a great asset to Prime Value.
“Andrew will be pivotal in looking after our retail, wholesale and institutional investors and connecting with new investors.”
Prime Value Asset Management is part of an investment group including Shakespeare Property Group which manages more than $1.5 billion across equities, cash plus, direct property and agriculture investment.
Recommended for you
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.57 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
32.09 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
27.42 3 y p.a(%)
