Channel Capital and Bell AM enter distribution partnership
Multi-boutique investment firm, Channel Capital, and global equities asset management specialist, Bell Asset Management, have announced a strategic distribution partnership.
The agreement would aim to drive further engagement with research houses, financial advisers and wholesale/ sophisticated investors for its two strategies: global equity (Bell Global Equities Fund) and global small and mid-cap (Bell Global Emerging Companies Fund).
Channel Capital’s managing director, Glen Holding, said that Bell AM was selected due to the high alignment to its own qualities and value proposition in terms of its investment process, active returns, the quality of its investment team as well as domestic and offshore institutional investor support.
“In addition, with ‘growth ‘and ‘value’ offerings being quite overcrowded, we are of the view that the Bell Asset Management ‘quality at a reasonable price’ process that has delivered world class numbers to investors to date, will have a distinct role to play in our clients’ portfolios,” he said.
During the year to 31 August 2019, the Bell Global Equities Fund, which invested in a globally diversified portfolio of shares, delivered a return of 14.22% and outperformed its benchmark MSCI World ex Australia Index by 6.65%.
Over the same period, the Bell Global Emerging Companies Fund, which invested in a globally diversified portfolio of small and mid-cap companies, returned 10.07% and outperformed the benchmark MSCI World SMID Index by 8.99%, net of fees, the firm said.
Bell Global Equities fund and Global Emerging Markets fund performance vs benchmarks since inception
AUTHOR
Oksana Patron
Recommended for you
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.
