Colonial First State has awarded H20 Asset Management a global fixed income and currency mandate of $270 million as an allocation within its FirstChoice multi-manager funds.
The London-based fund manager was sourced through Apostle Asset Management.
Apostle’s director of sales, Richard Borysiewicz said H20’s fixed interest capabilities have found strong resonance in international markets, with this being their first Australian mandate.
H20 was launched in July last year in partnership with Natixis Asset Management by Bruno Crastes and Vincent Chailley, formerly of Amundi Asset Management.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
Add new comment