BlackRock’s industrial share fund added to BT platforms

blackrock/recommended/Zenith/industrials/platform/Asgard/BT-Wrap/

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

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS