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
Bell Financial Group has appointed a chief investment officer who joins the firm from Clime Investment Management.
Private markets funds with “unattractive practices” could find themselves facing enforcement activity with ASIC chair Joe Longo stating he cannot rule it out in the future.
Despite ASIC concerns about private credit funds being accessed via the advised channel, there are questions regarding how high its usage actually is among financial advisers.
Challenger has looked to the superannuation industry for its appointment of a group chief investment officer, a newly-created role.
