S&P finds portfolio manager tenure has influence on fund performance

Portfolio manager tenure is playing a role in the performance of Australian equity funds. S&P’s analysis of its rated long-only Australian equity funds shows that managers with long tenure are associated with stronger and more persistent excess returns compared to short-tenured peers. Standard & Poor’s Fund Services analyst Justine Gorman said: “In today’s competitive funds... Read more continue reading
15 Sep 2011

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S&P: strong case for unconstrained strategies of Alternative Equity Funds

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Alternative equity strategies are proving they have a place in a diversified portfolio, as absolute return, alternative income, and market-neutral strategies continue to outperform relative long-only strategies in uncertain and volatile markets. This is one of several key findings from Standard & Poor’s Fund Services’ alternative equities sector review released today. S&P Fund Services’ alternative... Read more continue reading
12 Sep 2011

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S&P affirms four star ratings on Aviva Australian equity funds

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Standard & Poor’s Fund Services today affirmed its four-star ratings on three Australian equities large-cap funds managed by Aviva Investors Australia. The three funds are the Aviva Investors Professional Dividend Builder, Australian Equities, and Elite Opportunities funds. The ratings and reports are part of our recent review of the Australian equity-large-cap peer group of funds.... Read more continue reading
05 Sep 2011

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S&P finds global property securities fund performance absolutely positive but relatively negative

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Performance of currency hedged global property securities funds has continued to be strongly positive in absolute terms over the year to 30 June 2011, but most actively managed funds have generally underperformed their benchmarks. This is despite the sector being one which should provide managers with sufficient opportunities to outperform their benchmarks. S&P Fund Services... Read more continue reading
02 Sep 2011

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S&P puts Invesco Wholesale Asian Share Fund on hold

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Standard & Poor’s Fund Services has placed the Invesco Wholesale Asian Share Fund ‘On Hold’. This follows notification from the manager Invesco Australia Ltd. that the fund will move to an Asian consumer demand-themed strategy from its broad-based Asian equities strategy. “Invesco’s Hong Kong-based Asian investment team has managed the Asian consumer demand strategy for... Read more continue reading
01 Sep 2011

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Zenith model portfolios add value

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Since their introduction in 2002, the advantages of Zenith Investment Partners (Zenith) model investment portfolios have proven their worth to advisers clients seeking to navigate through several different market environments with a focus on optimising diversification and maximizing return for a given risk profile. While continuing to manage customised model portfolios for select clients, Zenith... Read more continue reading
31 Aug 2011

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Lonsec: plenty of new entrants to the Australian Concentrated sector

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Lonsec’s review of the Australian Equity Concentrated sector encompassed 14 funds that were formally researched and rated, and a number of other prospect funds. Lin Ngin, Senior Investment Analyst responsible for this review commented, “Lonsec has seen a number of new entrants to the concentrated sector over the past few years and some of the... Read more continue reading
31 Aug 2011

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S&P rates Russell’s new After-Tax Fund four stars

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The Russell Australian After-Tax Australian Shares Fund (the fund) has been awarded a four star – new – rating by Standard and Poor’s (S&P), in recognition of Russell’s “comprehensive and effective” tax-aware strategy to generate superior after-tax returns for superannuation investors. The fund was built specifically for investors on a 15% tax rate and uses... Read more continue reading
30 Aug 2011

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Lonsec: Global Emerging Markets have attracted a solid fan base

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Lonsec’s review of the Global Emerging Markets sector encompassed a broad spectrum of existing and prospect Funds, leading to a research universe of 26 funds. Following the Lonsec review process, seven new funds were added to Lonsec research coverage in this sector. Steve Sweeney, Senior Investment Analyst responsible for this sector commented, “This growth reflects... Read more continue reading
24 Aug 2011

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S&P: SMA Manager numbers on the rise

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Investor acceptance of separately managed account (SMA) investments is continuing to grow and managers are improving their services on platforms that offer the products. Standard & Poor’s Fund Services today released its ratings of 12 SMA funds that are demonstrating this trend. We upgraded the Dalton Nicol Reid Australian Equity High Conviction Portfolio to four... Read more continue reading
24 Aug 2011

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