Certitude Global Investors has won three new investment mandates totalling $120 million into three of its international investment funds.
Columbia Credit Fund, Lighthouse Partners Global Long/Short Fund and Certitude Asian Opportunities were awarded $60 million, $45 million and $15 million respectively, the investment manager stated.
Certitude chief executive Craig Mowll said the mandates came from a large family office, a high net worth boutique deal group and a large trustee and multi-manager.
"Given the current challenging investment climate, the wins provide further proof that our investment partners and products are well suited for the changing investor environment," he said.
He said the wins also demonstrated Australians' desire for active global fund managers who offer investment opportunities spanning major industry sectors and geographic regions of the world.
Institutional investors have increased their risk exposure over June amid tempered levels of market volatility.
Australian investors are increasingly integrating hedge funds and liquid alternatives into their portfolios, as persistent inflation volatility and global macro-economic instability expose the limitations of the classic 60/40 split.
US President Donald Trump’s decision to delay new tariffs has only prolonged the uncertainty weighing on global sharemarkets, according to AMP chief economist Shane Oliver.
BlackRock has reduced its exposure to Australian and European equities in favour of emerging markets.