Ausbil goes global
Boutique investment manager, Ausbil has announced it will start managing global strategies and will offer its clients new global listed infrastructure and global small-cap capabilities.
The company introduced the Active Sustainable Equity strategy, which would exclude unsustainable sectors such as thermal coal and uranium and would favour companies which are regarded as ‘exceptionally promising’ regarding their commitment to environmental, sustainable and governance (ESG).
Ausbil’s chief executive, Ross Youngman, said: “Clients are telling us that they wish to deal with fewer, high-quality managers offering a broader range of solutions.”
“We’re really pleased to offer our clients new global listed infrastructure and global small-cap capabilities. Like everything we do, these strategies will be actively managed and there will be ESG awareness.”
Ausbil said that its Australian Active Equity Fund has outperformed its S&P/ASX 300 benchmark by three per cent per annum since inception in 1997.
The company was first established in 1997 and operated as a specialist investment manager with a main focus on listed Australian equities.
“It’s our top-down, bottom-up process but it’s also our laser-like focus. You can’t get distracted and you can’t give in. You need a culture that really cares about results for customers,” said Paul Xiradis, executive chairman and head of equities.
AUTHOR
Oksana Patron
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.
