Janus Capital Group has picked up its first Australian institutional mandate, with its independently-managed subsidiary, Enhanced Investment Technologies, awarded a global core equity mandate by Ipac.
The $476 million mandate comes after Janus Capital Group opened an office in Melbourne last year.
Commenting on the mandate, Janus Capital Asia head John Landau said he believed it reflected the strong interest the company was seeing in the Australian region and elsewhere in the Asia Pacific for Enhanced Investment Technologies’ unique risk-controlled US and global equity strategies.
Enhanced Investment Technologies will manage a global equities strategy, benchmarked against the MSCI World Index ex Australia and it represents the first time the company has attempted to create a portfolio excluding stocks from a particular country.
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.
Add new comment