Bell Asset Management posts strong growth
Bias towards small and mic cap companies which offer strong growth opportunity has helped Bell Asset Management (BAM) double its funds under management (FUM) in 18 months and record strong growth returns.
According to FE Analytics, the BAM Bell Global Emerging Companies fund had annualised one year returns of 16.50 per cent ahead of the benchmark (13.31 per cent) and far above the 7.85 per cent average of its returns over three years.
BAM FUM also rose to $1.5 billion with growth experienced in both Australia and the US.
Managing director, strategy and distribution Rob Sullivan, said: “We remained focussed on the areas where we see the most growth potential and have made a number of key changes to open up access.”
“We invested in distribution to further support and grow our client base,”
BAM’s flagship fund, Bell Global Equity Fund was added to the HUB24, Netwealth, OneVue and Macquarie Wrap platforms this year, and along with the Emerging Companies fund, is no longer exclusive to institutional investors.
“There is a growing demand from Australian retail investors, including those with self-managed superannuation funds, for access to high quality international funds,” Sullivan said.
FE Analytics showed the Bell Global Equity Fund had first quartile annualised one, three, five and 10 year returns at 19.29 per cent, 11.25 per cent, 17.81 per cent, and 5.02 per cent respectively.
AUTHOR
Hope William-Smith
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.
