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

Interesting. Would be good to know the details of the StrategyOne deal....

4 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 22 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 1 hour ago