BlackRock’s industrial share fund added to BT platforms

14 July 2016
| By Anonymous (not verified) |
image
image
expand image

BlackRock's concentrated industrial share fund has been added to the BT Wrap and Asgard eWrap platforms, so advisers have early access to a new Australian equity offering, according to the manager.

The fund was developed to outperform the S&P/ASX 300 industrials accumulation index and excluded the top five stocks by market capitalisation (between four to six per cent a year before fees, over three rolling year periods).

The fund was led by BlackRock's Sydney-based Australian fundamental active equity team, headed by Charlie Lanchester, who had over 22 years investment management experience.

Lanchester said the team employed a fundamentals-driven, bottom-up research methodology that identified opportunities in industrials stocks, listed on the Australian Stock Exchange.

"We follow a disciplined investment process with high-conviction ideas, concentrating on 20 to 40 stocks," he said.

The fund was also awarded a ‘recommended' rating by Zenith Investment Partners, as the ratings house believed the fund was managed by an experienced investment team who used a well-established investment process.

Zenith had a positive view of BlackRock's portfolio construction process, as it believed the final portfolio was built with a close connection to the analysts' research.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago