Morningstar names promising strategies
Morningstar has published a list of new promising investment strategies that have the potential to attract broader attention from investors.
The new prospects would include the following funds:
- AB Global Equities
- Bennelong Concentrated Australian Equities
- JPMorgan Global Research Enhanced Index Equity
- Solaris Australian Equity Long Short
AB Global Equities was appreciated due to its strong focus on sustainable business models and reasonable valuations and a competitively-priced global equity strategy, while Bennelong Concentrated Australian Equities, which is run by skilled portfolio manager Mark East, was praised for its investments in domestic stocks with earnings power and growth potential.
According to Morningstar, JPMorgan Global Research Enhanced Index Equity could be attractive for investors due to its modest active bets combined with an experienced team which ran the strategy for almost over a decade outside Australia.
At the same time, Solaris Australian Equity Long Short offered a high-conviction approach which was new to the Australian market and built on a core investment process that was rated highly.
Additionally, Morningstar’s six-monthly Prospects Report identified two funds which were “graduated to full coverage” while three others dropped from the list.
The funds which graduated (pending analyst ratings) were:
The funds which dropped from the list were:
- Pangana PanAgora Absolute Return Global Equities
- Presima Global Property Securities Concentrated
- Wavestone Wholesale Australian Share
Morningstar’s managing director manager research ratings Asia-Pacific, Chris Douglas, said that the report aimed to identify strategies that may deserve a wider audience and eventually full analyst research coverage.
AUTHOR
Oksana Patron
Recommended for you
Nuveen has made its private real estate strategy available to Australian wholesale investors, democratising access to a typically institutional asset class.
VanEck is expanding its fixed income range with a new ETF this week to complement its existing subordinated debt strategy which has received $1 billion in inflows this year.
Specialist global equities manager Nanuk has celebrated 10 years of its flagship New World Fund and is actively considering its next possible vehicle.
Australian equities manager Datt Capital has built a retail-friendly version of its small-cap strategy for advisers, previously only available for wholesale investors.
