Cooper Investors opens up Global Endowment Fund

Cooper-Investors/

22 July 2019
| By Laura Dew |
image
image
expand image

Cooper Investors has opened its Global Endowment Fund to external investors, its first wholesale unit trust launch in five years.

The fund had already been run by the firm’s global equities team with internal capital for the past two years.

It would provide exposure to high quality global companies with attractive investment propositions and aim to have lower volatility than peers and outperform in periods of market weakness. It would also avoid companies investing in tobacco, weapons and gambling and seek those with sustainable and sound governance practices.

As it has a long-term time horizon, the firm said it was targeting retirees, charities and foundations.

Peter Cooper, founder and chief investment officer of Cooper Investors, said: “This Endowment mindset way of investing is one of the biggest investment trends we’ve seen in the market place.   Investing in a lower risk portfolio that aims to protect capital yet still experiencing market or above market returns over the longer term is highly desirable for those investors in pensions phase or for charities and foundations.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND