Perpetual Asset Management Australia has launched a new active exchange-traded fund (ETF) on the Australian Securities Exchange with an emphasis on long-term capital growth via investing in global shares.
The Barrow Hanley Global Share Fund has been designed to invest in quality international shares selected by specialist global investment manager Barrow, Hanley, Mewhinney and Strauss, which is part of Perpetual Asset Management International.
The new ETF is a unit class of its respective managed fund, the Barrow Hanley Global Share Fund, and joins Perpetual’s current active ETF offerings – the Perpetual Ethical SRI Fund and Perpetual Global Innovation Share Fund – which were launched in November 2021.
Perpetual Asset Management Australia group executive Amanda Gillespie said: “We are pleased to launch another active ETF that expands the investment options for investors, giving them access to companies from around the world, diversified across securities, sectors and regions.
“Like Perpetual, the team at Barrow Hanley has a tried and tested approach to value investing in a global context that has stood the test of time through multiple market cycles.
“The launch of this active ETF is another example of how we are continuing to look for opportunities to provide investment solutions in contemporary structures to meet the evolving needs of our clients.”