Aus Eagle Asset Management receives superior rating
Research house SQM has given a ‘superior’ rating of the Australian Eagle Trust Long-Short fund of 4.25 stars.
The rating showed SQM believed the Australian Eagle Fund had substantial potential to out-perform over the medium to long term and management was of a high calibre.
SQM stated it considered the fund to be suitable for inclusion on most Approved Product Lists (APLs).
Barry Littler, chief executive officer (CEO) of Australian Eagle Asset Management, said he believed there was a growing market appreciation for long-short strategies backed by a solid investment process.
“The long-short product represents a sensible evolution of our long-term process which gives clients access to both outperformance from long stock positions as well as value add from short positions,” Littler said.
“It is good to see that SQM agreed that the fund displays defensive characteristics and should be a good portfolio diversifier”.
The report said the Australian Eagle investment philosophy for long-only investing had been in practice since 2005, when the manager commenced managing institutional mandates and had performed well above benchmark.
AUTHOR
Chris Dastoor
Recommended for you
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
Responsible investment performance concerns have lessened as the market hits $1.6 trillion in AUM, according to RIAA’s annual report, but greenwashing fears among asset managers are on the rise.
