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.
Australian superannuation funds have slightly lifted their hedge ratios on international equities, reversing a multi-year downward trend.
Challenger’s chief economist expects the US economy will see a prolonged recovery with President Donald Trump’s policies unlikely to have a lasting effect on equities and investments.
A research firm says errors are a “natural part” of running a company with humans and has reversed its previous poor rating for the exchange.
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.