Tyndall/Suncorp global share fund review
Tyndall/Suncorp Investment Management has undertaken a review of its World Equities Trust, halving the number of stocks held and altering the fund manager line-up, among other changes.
The number of stocks held in the fund has been reduced from over 1,000 to just under 500, and the trust now has a new fund manager line-up: Walter Scott & Partners, Principal Global Investors, Epoch Investment Partners, Davis Advisors, and Schroders.
Portfolio manager Ken Ostergaard said the new line-up reduces the level of manager correlation as well as stock overlap.
Tyndall/Suncorp Investment Management managing director Brett Himbury said the review resulted in a reduction in excessive diversification, while also eliminating the fund’s overweight position in small caps and the bias towards growth stocks. The World Equities Trust now has an increased weighting to emerging markets, with Ostergaard believing these markets will continue to grow in significance in coming years.
The trust is the underlying investment fund for all Suncorp retail global share funds.
Recommended for you
The Financial Advice Association Australia has appealed to licensees to urgently update their FAR records as hundreds of advisers are set to depart by the end of the year.
Demand for robo-advice tools is rising, a report has shown, but this is occurring simultaneously with rising demand for professional face-to-face advice.
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
