ARCO Absolute Return Fund added to Netwealth, HUB24



ARCO Investment Management (ARCO) said its Absolute Return Fund has been added to both the Netwealth and HUB24 investment platforms, providing more advisers and their clients with access to its Australian equity market neutral offering.
ARCO co-founder and portfolio manager George Colman said the strategy is part of an increasingly popular investment style that focuses on both compounding investor returns over time and on reducing their drawdown risk through the market cycle.
“Absolute return investing is a simply sensible, intuitive approach to protecting and growing wealth and is an enduring part of a growing number of investment portfolios,” Colman said.
“We are pleased that a growing number of advisers will now be able to leverage our investment team’s real-world experience in protecting and growing wealth during both normal and abnormal market conditions.”
ARCO has been managing its absolute return strategy since September 2008 for high net worth family, charity and institutional clients. During this time, it has delivered a return of over 8 per cent per annum (after fees) with relatively low volatility and positive performance in around 80 per cent of the months that the strategy has been operating.
The fund recently received a “Recommended” rating from Zenith.
Recommended for you
State Street has rebranded its State Street Global Advisors arm, which has US$4.6 trillion in assets under management, following a series of deals with financial services firms in recent months.
Northern Trust Asset Management has appointed a new head of international and responsible investing.
More than 20 winners have been revealed for the annual Fund Manager of the Year Awards.
Regal Partners has announced its latest alternatives acquisition, taking a 50 per cent stake in real estate and advisory platform Ark Capital Partners ahead of a future hotel strategy launch.