POWERED BY MOMENTUM MEDIA
Perpetual delivers key mandate to BNP Paribas managers
BNP Paribas Investment Partners in Australia has picked up a key mandate via its global equity partners, Barrow, Hanley, Mewhinney and Strauss (BHMS) and Carnegie Asset Management (CAM).
The company announced today that both BHMS and CAM had been appointed to manage assets for Perpetual Private — Investments (Perpetual).
Commenting on the mandate, BNP Paribas Investment Partners' Australian chief executive, David Grybas said the firm was delighted to partner with Perpetual and provide them with best of breed product solutions in the global growth and value equity space.
"We appreciate their confidence in awarding assets to BHMS and CAM, and we look forward to further building our relationship with Perpetual in the future," he said.
BHMS has total firm wide assets under management of $91 billion as at 30 September 2016 and its global equity strategy follows a value style with a fundamental bottom-up approach.
Established in 1979 and based in Texas, BHMS has been working with BNP Paribas Investment Partners in Australia since early 2014.
CAM is a high conviction, active, global growth equity portfolio manager based in Copenhagen. Established in 1986 and with total assets under management of $18 billion as at 30 September 2016, CAM has been working with Australian clients since 2010
Recommended for you
The $91 billion fund has doubled down on its data security, alongside enhancing its investment strategy, with two key appointments.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.63 3 y p.a(%)
3
Fidante Credit Suisse Global Private Equity
32.16 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
5
Plato Global Alpha A
27.76 3 y p.a(%)
