Janus Henderson global equity fund added to BT platforms
The Janus Henderson Global Equity Income Fund, which globally manages over A$23 billion in global equity strategies, has been added to BT Wrap and BT Panorama.
The fund aimed to deliver regular quarterly income distributions with the potential for long-term capital growth through its investment in companies with the potential to generate strong and growing levels of free cash flow.
Typically, it actively managed between 50 to 80 companies diversified across geographic regions and industrial sectors.
The fund was already available on AMP North, MyNorth and Netwealth platforms, the firm said, and received a ‘recommended’ rating from both Lonsec and Zenith Investment Partners.
Janus Henderson Australia’s head of retail distribution, Jordan Tang, said his view was that taking a global approach to investing is the best way to maximise dividend growth and minimise the risk to dividends.
“Investing globally provides excellent scope to pick the best stocks to deliver a high and growing income. Not only that, it ensures lower variability in dividends than investing in any one country, meaning that risks are lower,” he said.
“Within the Australian market, the top 20 dividend-paying stocks provide approximately 78 per cent of the market’s total income, with significant concentration in financials and mining stocks. This compares to the top 20 dividend-paying stocks globally that account for just 19.5 per cent of the MSCI World ex Australia’s income.”
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.