Perpetual Asset Management Australia launches Global Equities Active ETF

Amanda Gillespie

Perpetual Asset Management Australia has added to its suite of Exchange Traded Managed Funds (commonly referred to as Active ETFs) by today launching the Barrow Hanley Global Share Fund (Managed Fund) (ASX: GLOB) (Active ETF).

The Active ETF, which will be quoted on the ASX, aims to provide long-term capital growth through investing in quality global shares selected by specialist global investment manager, Barrow, Hanley, Mewhinney & Strauss, LLC (Barrow Hanley).

The Active ETF is a unit class of its respective managed fund, the Barrow Hanley Global Share Fund (Fund), which was recently upgraded to Gold Morningstar Analyst Rating (TM) as of 13 May 2022, following Morningstar’s annual review process^[1] .

Perpetual Asset Management Australia Group Executive, Amanda Gillespie, said: “In November last year we launched our first two Active ETFs, providing investors with an opportunity to access Perpetual’s proven active management expertise.

“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.”

The Perpetual Ethical SRI Fund (Managed Fund) (ASX: GIVE), Perpetual Global Innovation Share Fund (Managed Fund) (ASX: IDEA) and Barrow Hanley Global Share Fund (Managed Fund) (ASX:GLOB) are now available to investors to access via the ASX.

The Fund is managed by Barrow Hanley, which is part of Perpetual Asset Management International and is a specialised leader in global value investing. As at 31 March, Perpetual Asset Management International Assets under Management was A$72.5 billion^[2] .

Ms Gillespie added: “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.”

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[2] Perpetual Limited Third Quarter 2022 Business Update. AUM translated at AUD:USD 0.75 as at 31 March 2022. Flows for Barrow Hanley and Trillium are from all sources, all regions.