Lonsec recognises Cooper Investors’ global funds
Cooper Investors has announced an expansion to the retail market with two of its global equities funds, Cooper Investors Global Equities Fund (Hedged) and Cooper Investors Global Equities Fund (Unhedged), being awarded an “investment grade” rating from Lonsec.
The firm said it was the first time that the funds had been rated for the retail market.
Both funds are currently available on the HUB24 and Powerwrap, and the firm plans to add them to more platforms in the near future.
Coopers Investors’ managing director and chief investment officer, Peter Cooper, said: “These funds have given both institutional and wholesale clients the opportunity to diversify by offering exposure to global markers as well as providing outperformance, and we believe it’s opportune to make them available to the retail market”.
“There has been much discussion about how SMSFs [self-managed superannuation funds], in particular, have lacked diversification into overseas markets, and now these two funds offer a solution,” he said.
Cooper Investors, which was founded in 2001 in Melbourne, has approximately $12 billion in funds under management (FUM) and manages money via six funds for a range of clients, including superannuation funds, listed Australian companies, religious institutions, state government agencies, school endowments, charities, and high net worth families.
AUTHOR
Oksana Patron
Recommended for you
A hiring spree is expected in private markets with 90 per cent of firms expecting to maintain or increase their headcount over the next 12 months, according to Preqin.
Abrdn Investments has hired a new global chief executive as Rene Buehlmann steps down after less than two years, it also announced a new senior leadership structure.
Having received bids from Bell Financial Group and AxiCorp, trading platform Selfwealth has confirmed it has entered into a scheme implementation deed after both parties were invited to make a higher bid.
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
