H20 was selected following a manager review and will exist within the same investment objective and portfolio architecture as the previous manager.

This mandate from Mercer Investments follows a $270m allocation from Colonial First State’s First Choice multi-manager funds in May.

Apostle Director of Sales, Richard Borysiewicz said the H20 investment approach was well regarded by Australian Institutional investors and a good fit with their investment objectives in the current environment.

“This is the third H20 mandate we have secured in Australia this year.  This is an extremely important development for us and one that we believe establishes the firm’s position in the local market.” 

Mr Borysiewicz said H20 is also attracting interest in offshore markets.

 “The AUM at H20 has reached A$ 3.1 billion in just 12 months with eight open-ended funds and ten mandates (three of these mandates are from Australia).  We look forward to announcing further investments in the coming months.”

H20 AM was launched in July 2010 by Bruno Crastes (CEO) and Vincent Chailley (CIO) (formerly with Amundi Asset Management) in partnership with Natixis Asset Management. With approximately 40 years of combined experience, the firm offers expertise in global fixed income, emerging bond & currency management and global macro alternative management.

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