POWERED BY MOMENTUM MEDIA
Artio Global Investors opens Sydney office
Artio Global Investors will open an office in Sydney, the New York-based investment management firm has announced. The Sydney office will be part of the firm’s strategy to increase its distribution into Asia.
Richard Pell, Artio Global Investments chief executive explained: “We have been looking to expand our global network, and Australia, with its appetite for a variety of strategies and large pool of superannuation capital, is a logical early opportunity.”
Artio has around US$49.2 billion in assets under management, as of end-May this year. The firm’s approach is to invest across developed and emerging markets in asset classes where inefficiencies can be exploited.
Sydney will be the firm’s third non-US office, after Toronto and London. The company’s initial focus in the region will be on its global equity strategy. Artio will also provide a fixed interest global high yield offering, which the company has run since 2003.
The Sydney office will be run by Australian Ian Webber, who is currently director of institutional investments (Australia and New Zealand). Webber joined Artio last month, before which he was co-head of Australia at AXA Rosenberg Investment Management.
AUTHOR
Angela Welsh
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
