Antipodes Global hits $100m target
Listed investment company, Antipodes Global Investment Company, has reached its $100 million milestone target on the back of strong adviser and investor demand.
The company said its global fund provided investors with access to a long-short global security investment portfolio that had currency management.
The Antipodes Global Fund generated a 7.45 per cent net return and outperformed the MSCI all country world index which yielded -0.6 per cent.
Chief investment officer of the group, Jacob Mitchel, said it was encouraging to see that despite market volatility, self-directed investors and advisers were taking advantage of the opportunity to invest in APL.
To see how the fund performed against the index, click here.
http://investmentcentre.moneymanagement.com.au/factsheets/mi-lffk0/anti…
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