Global equities investment manager, Antipodes Partners, has launched an exchange traded managed fund (active ETF) for its global equity strategy in Australia.
The active ETF, Antipodes Global Shares (Quoted Managed Fund), will give retail investors more access to Australian stocks through an open-ended ASX-listed investment.
The Antipodes Global – Long strategy seeks to generate returns above the MSCI All Country World Index by focusing on identifying under-appreciated companies in the midst of structural change.
The fund holds a minimum of 30 companies and adds a focus on capital preservation, achieved through risk management measures and the requirement for a “margin of safety” on all its investments.
Coming of age
Andrew Findlay, managing director of Antipodes Partners, said: “The Antipodes Global Shares active ETF is another way to provide our existing investment funds to a broader spectrum of investors, both here in Australia and overseas.
“ETFs are coming of age. The number of global ETFs and active ETFs on the ASX have grown at a compounded annual growth rate (CAGR) of 23 per cent, according to the ASX as at July 2018.
An increase in demand from investors, both here and overseas, is one of the key reasons we have today launched this active ETF.”
Management
Chief investment officer and portfolio manager, Jacob Mitchell, will manage the Antipodes Global Shares fund.
Mitchell was previously the deputy chief investment officer at Platinum Asset Management, where he spent 14 of his 22 years in the investment sector.
