POWERED BY MOMENTUM MEDIA
HESTA and Martin Currie enter international equities partnership
HESTA has appointed Martin Currie Investment Management to be the underlying investment manager for a new global equities portfolio.
The international equities partnership mandate will be managed by the Edinburgh-based global long-term unconstrained team whose strategy is designed to provide sustainable long-term outperformance of the market from a high conviction portfolio, backed by proprietary and systematic fundamental research.
“Central to the partnership is a fee pricing structure based across Martin Currie and HESTA’s full relationship, rather than on each individual investment capability in order to maximise value for HESTA’s member base,” the superannuation fund said.
“HESTA’s investment team also gains full access to Martin Currie’s global investment reach, through research insights and proprietary environmental, social and governance (ESG) resources and analysis across global, emerging market and Australian equities.”
Commenting on the appointment, Steven Semczyszyn, HESTA general manager growth, said: “We are excited to be entering into this mutually beneficial partnership with Martin Currie.
“We look forward to working with a like-minded progressive partner like Martin Currie to drive towards better outcomes for HESTA and its members. The partnership will also assist us to achieve our carbon emission targets as part of our Climate Change Transition Plan.”
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(%)
