POWERED BY MOMENTUM MEDIA
Five Oceans win $150m mandate for LGS
Five Oceans Asset Management has picked up a $150 million global equity mandate with Local Government Super.
This comes after Catholic Super recently invested $80 million in the Five Oceans World Fund earlier in the year.
Local Government Super chief executive Peter Lambert said Five Oceans had been awarded the mandate based on having a strong investment process, a good track record and an awareness of responsible investing.
Five Oceans also recently took out the Global Equities (Long Short) category in the 2011 Money Management/Lonsec Fund Manager of the Year Awards — the sister publication of Super Review.
AUTHOR
Ashleigh McIntyre
Recommended for you
As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.
New data has shown a progressive deterioration in risk appetite among instos even prior to Donald Trump’s latest round of tariffs.
UniSuper has reached “peak investment” in US assets and is now preparing to reassess its exposures amid ongoing sharemarket volatility.
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
