Peter McPhee

Investors Mutual has appointed Peter McPhee as Investment Specialist for the Loomis Sayles Global Equity Fund, effective immediately.

McPhee will work with Investors Mutual’s local Sales team and Loomis Sayles’ portfolio managers and investment specialists in the United States to build the profile and awareness of the Loomis Sayles Global Equity Fund with financial planning dealer groups, advice businesses, platforms, and asset consultants and research houses. He reports to Investors Mutual Head of Retail Wayne McGauley.

“We’re delighted to have someone of Peter’s calibre on board,” Wayne McGauley said. “His deep and extensive experience and understanding of the needs of financial advisers and other participants in the industry will enable him to play a key role in helping them better appreciate the value that Loomis Sayles’ time-tested global equities capability can provide for advisers and their clients.”

“I’m really pleased to be working with IML and Loomis Sayles,” McPhee said. “I’ve always been a strong believer in the value of quality active funds management, and I was attracted by Loomis Sayles’ active research-led approach, disciplined stock selection, and sound risk management. The portfolio also has minimal holdings overlap with other global equity solutions in this market. These all provide a compelling proposition for inclusion in local investors’ portfolios, and I’m looking forward to building on the great work Wayne and his team have already achieved.”

McPhee has over 30 years’ experience in funds management and retail distribution and key account relationship management. In his role as Head of Financial Institutions/Investment Specialist with BNP Paribas Investment Partners, he played a key role in launching the MFS global funds to the retail market in Australia. He also previously held senior investment specialist and business development and distribution roles with BT Investment Management, Mercer, and Pepper Investment Management.

The Loomis Sayles Global Equity Fund (APIR: IML0341AU) was launched in Australia on 1 November 2018 in a partnership between global active manager Loomis, Sayles & Company LP and Investors Mutual, both affiliates of Natixis Investment Managers. The Australian Fund is based on an existing US-domiciled strategy with a track record going back to 2004.

The Fund provides Australian investors with a style-agnostic, disciplined, bottom-up unconstrained approach to global equities investing. On the basis of deep, fundamental research, portfolio managers Eileen Riley, CFA and Lee Rosenbaum invest in quality businesses with strong underlying fundamentals, selecting a concentrated portfolio of high-quality companies with the ability to grow their intrinsic values over time and that are attractively-valued. Risk is managed through a disciplined valuation and scenario analysis framework.

The Fund has delivered its investors a total return of +17.0% in the 20 months since inception, compared to the 9.20% return from the Fund’s benchmark MSCI All Country World Index.* The Loomis Sayles Global Equity Opportunity Composite has returned +10.6% per annum since inception in October 2004, compared to the benchmark’s return of +7.2% per annum.**

The Fund is well-represented on financial planning dealer group approved product lists and is available on leading platforms including Asgard, BT Panorama, HUB24, Netwealth, Macquarie Wrap, MLC Navigator, and Powerwrap. The Fund has been rated ‘Recommended’ by Zenith and a 4-star ‘Superior’ rating by SQM Research. The Fund has also been rated by Lonsec.

The post Peter McPhee appointed investment specialist for Loomis Sayles Global Equity Fund appeared first on AdviserVoice.

Anton Tagliaferro

Investors Mutual’s listed investment company QV Equities (ASX: QVE) has gained strong interest from advisers and investors since its offer period opened on Monday 14 July. Some of Australia’s leading platforms including BT, Colonial First State, MLC and Macquarie have all announced QVE’s inclusion in their platform offerings.

The platform inclusions in many leading dealer groups’ approved product lists is quite unique for a listed investment company. It will improve access and allow SMSFs, HNW individuals and their advisers to incorporate QVE into their portfolios. Investors Mutual’s founder and Investment Director Anton Tagliaferro said QVE had been designed to help investors achieve a diversified portfolio outside of top 20.

“QVE provides investors with a prudent vehicle to diversify their portfolios, and there has been strong uptake since the offer period opened. It is a well known fact investors are over concentrated in top 20 blue chip stocks. They are now realising the breadth of opportunities and diverse entities the ex20 segment offers in terms of industry sectors,” Mr Tagliaferro said.

Research ratings reflect investor appeal – QVE ‘Highly Recommended’ by Lonsec, and ‘Recommended’ by Zenith

QVE has also been awarded a ‘Highly Recommended’ rating by Lonsec and ‘Recommended’ by Zenith, with both research houses commending Investors Mutual’s investment approach and experienced team.

Lonsec’s ‘Highly Recommended’ research report stated “QVE offers investors access to a high quality Board of Directors and investment team with a ‘true to label’ value style and strong track record of performance across market cycles.”

Lonsec also noted its high conviction “in the calibre of Anton Tagliaferro and Simon Conn as value investors across the market capitalisation spectrum” with the “highly accountable performance driven investment culture and boutique structure” also being of note.

Zenith echoed the sentiments that “IML’s philosophy is ideally suited to a LIC, given the sector is strongly supported by the SMSF market, which seeks preservation of capital and income.

“Zenith sees QVE as a LIC with solid potential as part of a diversified equities portfolio, believing an ex20 exposure should complement an investors direct stock holdings or an exposure to the traditional LICs which focus on the top 20 stocks which are predominately financials and resource companies.”

QVE’s offer period is open from now to 8 August, 2014 with a raising target of between $100 to $200 million. The issue has been arranged through CBA Equities who are also one of the joint lead managers to the issue along with BBY, Patterson and Taylor Collison and co manager Lonsec Securities.

The post Research houses and platforms follow strong investor interest in QV Equities Limited appeared first on AdviserVoice.

Anton Tagliaferro

Investors Mutual have announced the launch of its first listed investment company (LIC) – QV Equities Limited (ASX: QVE). QVE is aimed at providing SMSFs, HNW investors and their advisers with a diversified portfolio of quality companies outside the top 20 stocks in the ASX 300.

Managed by Investors Mutual, one of Australia’s leading value managers with $4.9 billion FUM and a 16 year track record of consistent performance and distribution payments, QVE will focus on investing in Australian companies outside the ASX top 20.

With many portfolios overly concentrated within the top 20 blue chip stocks, Investors Mutual founder and Investment Director, Anton Tagliaferro said QVE offers investors a prudent vehicle to diversify their portfolio.

“The ex 20 offers more diverse entities in terms of industry sectors, providing a far greater breadth of opportunity,” Mr Tagliaferro said.

“QVE will aim to provide investors with a ready made portfolio of high quality stocks with established businesses and with solid growth and dividend prospects. Remaining true to IML’s tried and tested investment philosophy QVE will identify and invest in stocks which IML assesses are good value and have the quality attributes of strong competitive advantage, recurring earnings, capable management and can grow their earnings and dividends over time,” he said.

QVE offers advisers and investors diversity

QVE also aims to solve the difficulties advisers and investors often face when assessing which stocks to invest in the ex 20 segment. QVE will leverage Investors Mutual’s extensive experience and expertise in selecting companies using its in-depth stock selection research.

“We have received overwhelmingly positive feedback from research houses, advisers, accountants and individual investors on the approach and strategy behind QVE,” Mr Tagliaferro said.

“The offer complements the increased move we’re seeing in the market to direct equities. It also provides a unique solution for advisers and investors as QVE will give diversity to portfolios with a high exposure to the top 20 stocks in Australia. In addition, QVE will be a useful vehicle for many investors and advisers currently using ETFs and index tracking funds.

“QVE has put together a very strong Board who are committed to ensuring QVE delivers on its expectations. Together with Investors Mutual’s robust research capabilities and stock selection expertise, we strongly believe that QVE represents a very attractive solution for many investors.

“Importantly, QVE’s fee structure is also aligned to shareholders whereby the fee scales downwards as QVE grows and unlike most other recent LIC offerings, QVE will not charge any performance fees to its investors,” Mr Tagliaferro concluded.

QVE’s offer period will be open from 14 July to 8 August, 2014 with a raising target of between $100 to $200 million. The issue has been arranged through CBA Equities who are also one of the joint lead managers to the issue along with BBY, Patterson and Taylor Collison and co manager Lonsec Securities.

The post Investors Mutual launches new listed investment company: QV Equities Limited appeared first on AdviserVoice.