POWERED BY MOMENTUM MEDIA
H2O expands Australian presence with Mercer mandate
Mercer Investments has awarded a $100 million global sovereign and currency mandate to London-based H20 Asset Management.
H2O was sourced through Apostle Asset Management.
Apostle director of sales Richard Borysiewicz said that H2O's approach to investing was a good fit with Australian institutional investors.
"This is the third H20 mandate we have secured in Australia this year. This is an extremely important development for us, and one that we believe establishes the firm's position in the local market," Borysiewicz said.
Borysiewicz added that H2O was also attracting interest in offshore markets.
"The AUM at H20 has reached $3.1 billion in just 12 months with eight open-ended funds and 10 mandates (three of these mandates are from Australia). We look forward to announcing further investments in the coming months," he said.
Colonial First State awarded H20 a global fixed income and currency mandate of $270 million as an allocation within Colonial's FirstChoice multi-manager funds in May.
AUTHOR
Recommended for you
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
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.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment