Retail investors gain access to Airlie Australian Share strategy
Magellan Asset Management has announced the launch of a retail version of the Airlie Australian Share Fund, a specialised Australian equities strategy that was previously only available to institutional and high net worth investors.
Magellan is the issuer and responsible entity of the fund, which is run by portfolio managers Matt Williams and Emma Goodsell.
Airlie Australian Share is a concentrated active portfolio of typically 25 hand-picked Australian listed companies or Airlie's “best ideas,” Magellan said, and is benchmarked to the S&P/ASX 200.
Airlie said its partnership with Magellan combined the former’s experience in Australian equities with the latter’s considerable expertise in operating and distributing retail funds for Australian investors.
The manager said the fund employed a “prudent, common-sense investment approach that identifies companies based on their financial strength, attractive durable business characteristics, and the quality of their management teams”.
Airlie said it invests in these companies when its view of their fair value exceeds the prevailing market price.
Recommended for you
The $673 billion global investment manager has appointed a former Zenith sales head as it seeks to expand its reach in the Australian wealth management market.
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
