Financial Planning, Investments, Strategy

Global funds added to platforms

Specialist global equities fund manager Cooper Investors has increased its access to the retail market following the addition of its two long-only global funds to two more platforms.

The Cooper Investors Global Equities Fund (hedged) and Global Equities Fund (unhedged) are now available on the Netwealth and FirstWrap platforms, taking the number of platforms the products are offered on to eight.

The funds are also available to advisers on the Macquarie Investment and Super platforms, BT Wrap, BT Panorama, Asgard, Hub24 and Powerwrap.

Cooper Investors, which has $13 billion in assets under management, reported the hedged fund’s latest performance produced a net return of 12.25 per cent for the five years to 30 June 2018, compared to a 10.62 per cent return for the benchmark, the MSCI World Index.

The unhedged fund delivered a 14.13 per cent return over the same period, ahead of the index at 13.95 per cent.

Both funds have attracted strong interest in the institutional market since their inception dates in 2004 and 2008 respectively, prompting the manager to take them to the retail market.

According to Cooper Investors senior retail sales manager Andrew Hall, there is a growing interest in Australian fund managers with a global equity capability.

Hall said both financial advisers and their clients understand the need for diversification, along with the acknowledgement of local fund managers with proven track records that offer this investment option.

“These two funds, with their history of outperformance, offer the retail market the opportunity to get exposure to long-only funds that are underpinned by Cooper Investors’ research philosophy of VoF: value latency; operating, industry and strategic trends; and focused industry and management behaviour,” he noted.

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