POWERED BY MOMENTUM MEDIA
Mercer Global Investments seeds Invesco Multi-Strategy
Mercer Global Investments has become the seed Australian investor in Invesco’s Multi-Strategy Fund as part of its multi-strategy hedge fund mandate.
Mercer said it would be targeting a 10 per cent allocation within the alternatives asset class, while the balance would remain invested across 11 other strategies.
Commenting on the mandate, Mercer Global Investments chief investment officer Russell Clark said there had been several supporting factors underpinning the decision to appoint Invesco, including that the fund incorporated a range of strategies Mercer believed would provide attractive diversification benefits.
He said that in its due diligence process, Mercer had been impressed with the high level of transparency in the investment process and the thought that had been put into the portfolio construction process.
AUTHOR
Mike Taylor
Recommended for you
Amid a challenging market environment, three super fund CIOs have warned against ‘jumping at shadows’.
The professional body is calling for the annual performance test to transition to a two-metric test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that warrant further refinement.
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region.
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