Watermark Funds Management grows team



High conviction Australian fund manager, Watermark Funds Management, has appointed Platinum Asset Management's senior investment analyst, Simon Felton, as the firm's new portfolio manager.
Felton would work across all of Watermark's funds and specialise in capital goods, transport and infrastructure.
He worked with Platinum Asset Management for 12 years. Prior to that he worked as a lawyer and specialised in mergers and acquisitions.
Watermark founder and chief investment officer, Justin Braitling, said Simon Felton was a great addition to the team as he had a high calibre of experience.
The fund manager also appointed a new business development manager on the back of increased demand from financial advisers and self-director investors, who were seeking more alternative investments, Watermark said.
Recommended for you
BlackRock has announced its plan to acquire real estate investment firm ElmTree Funds which will be integrated into its new private financing solutions business.
With share price growth of 45 per cent for FY25, Australian Ethical has shared why it believes the firm has done so well compared to its active peers.
ETF investors would be wise to consider global or European exposure for their equity ETF allocations, according to AXA IM, with US government action expected to hit both its equity and bond performance.
A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance.