POWERED BY MOMENTUM MEDIA
Robeco receives HESTA mandate
Netherlands-based funds manager, Robeco has been awarded a mandate from industry fund, HESTA.
The fund manager announced this week it had received a mandate from HESTA for its global conservative equities strategy.
Robeco Australia head, Stephen Dennis said the fund had been working closely with the HESTA investment team for a period of time and were delighted to be entrusted by such a prestigious client.
He said the Robeco strategy, using the company's proprietary quantitative method was a good fit for superannuation funds looking to capture global equity returns with less risk.
Recommended for you
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
