Cooper Investors appoints RE for its two funds

Cooper-Investors/RE/funds/

13 March 2017
| By Oksana Patron |
image
image
expand image

Melbourne-based global equities fund manager, Cooper Investors has appointed Equity Trustees to be the responsible entity (RE) for its two global funds in response to strong interest from advisers and clients.

 

The firm’s funds, the CI Global Equities Funds and the CI Global Equities Fund (unhedged), which were only available by direct investment to wholesale investors would now be offered  to retail investors via platforms.

Cooper Investors, which had approximately $11 billion in funds under management (FUM), started in 2001 by managing six pooled wholesale trusts investing in both domestic and international equities for clients which included large pension and superannuation funds, listed Australian companies, governments and high net worth families.

However, according to Cooper Investors’ managing director, Peter Cooper, the firm recently saw strong interest in its global funds among high net worth investors and their financial advisers.

“In response we have taken steps to make it easier for them to invest in these two funds,” he said.

“In taking this initiative, we were conscious that, as a specialist global equities fund manager, we must maintain our focus on investing.

“We believe the appointment of Equity Trustees as the RE is the best way to facilitate this investment offering to a wider audience at this time.”

To support the further availability of the funds, Cooper Investors has appointed Andrew Hall, a previous head of distribution at K2 Asset Management, to lead its retail distribution capability.

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 5 days ago

TOP PERFORMING FUNDS