Equity Trustees to be RE to Alternative Assets Trust
Federation Asset Management has appointed Equity Trustees as its responsible entity (RE) and a trustee to its Federation Alternative Assets Trust which invests across the Asia Pacific region in renewable energy, health, education, real estate and companies with strong growth potential.
Also, the fund was invested across three asset classes, including private equity, real estate and renewable energy, it said.
Federation’s chief executive, Cameron Brownjohn, said that since launching in September, 2018, it has seen strong interest form both domestic and offshore investors.
“We bring together significant capability and experience in sourcing and managing investments in areas we believe in, as well as being smart investment choices,” he said.
“Ultimately our vision is to use our skills and expertise to not only generate strong returns for our investors, but also help grow the production of clean energy, to build a better community and to improve the health, education and living conditions of future generations.”
Equity Trustees would be expected to support Federation’s trust with its compliance and regulatory capabilities and ensure that the trust would be launched smoothly and within the required legal and regulatory framework, it said.
AUTHOR
Oksana Patron
Recommended for you
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
