Zenith grants recommended ratings to Bell AM
Global equities boutique manager, Bell Asset Management (BAM) has announced that its two funds, the Bell Global Emerging Companies Fund and Bell Global Equities Fund (Platform), have been awarded with ‘recommended’ ratings in inaugural reviews from Zenith.
Bell’s chief investment executive, Ned Bell, said that increasing concerns over global equity market volatility saw both retail and institutional investor interest in BAM’s active strategies, including the BAM Global Small and Mid-Cap (SMID) strategy.
“Passive investment strategies have served investors well over the last nine year but now, with volatility returning to the market, we are seeing to pivot to active investment,” he said.
The Bell Global Equities Platform fund has delivered a one-year net return of 14.18 per cent, outperforming its benchmark, the MSCI World ex Australia Index, as of 31 October, 2018.
The Bell Global Emerging companies Fund produced a return of 14.54 per cent and similarly outperformed its benchmark, the MSCI World SMID Cap Index, by 9.03 per cent in the same time frame, the firm said.
“In our view, Global SMID offers the best comparative upside and downside capture and provides a way for investors to diversity their mega and large cap exposure,” Bell said.
AUTHOR
Oksana Patron
Recommended for you
Perpetual has released its Q2 fund flows showing a fall back into outflows after a positive Q1, as well as an update on its planned deal with KKR.
Magellan has announced a raft of executive changes including the departure of head of investments Gerald Stack after 18 years and a second appointment from Maple-Brown Abbott.
Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through to FY29, with two forecast to lose more than 10 per cent.
Franklin Templeton is to get rid of its Martin Currie branding and fold them into the wider group under ClearBridge Investments and Franklin Equity Group.
