Wayne Mo

Independent fund manager, AL Capital (ALC), has selected Equity Trustees to be the responsible entity of its new range of retail funds, the ALC Global Credit Fund, ALC Active Australian Equity Fund and ALC Active Global Equity Fund.

Russell Beasley, Executive General Manager, Corporate Trustee Services, Equity Trustees said: “We are delighted to be selected as the responsible entity for these new retail funds launched by ALC and look forward to working closely with them across both credit and equity markets.”

The ALC Global Credit Fund aims to provide investors with exposure to fixed income securities expected to deliver income. The fund seeks to generate returns in excess of the RBA Cash Rate by 2.5% per annum over a period of 3-5 years.

The ALC Active Australian Equities Fund strives to equip investors with a strategy that offers exposure to ASX listed equities, while deploying various tools to manage downside risk – in particular shorting stocks with the aim of achieving absolute returns above the benchmark.

The ALC Active International Equities Fund will offer investors direct exposure to equities listed on major international exchanges with a return objective corresponding to the MSCI World Index.

Wayne Mo, Chief Executive Officer at ALC said, “We’re pleased to launch these three new funds in partnership with Equity Trustees. Through our diverse exposure across credit and equities strategies, we are expanding our product offering as our client base broadens and demand rises.”

He added that ALC’s long history of investment expertise and the firm’s recent acquisition of Peridot Investment Management points to exciting times ahead and compelling offerings for investors.

“We’ve been delivering excellent returns over the last five years, especially over the last twelve months amid unprecedented market volatility. The agility of our model further allows us to take advantage of timely opportunities without high levels of bureaucracy. Now we’ll be able to leverage the complementary capabilities of Peridot and our existing resources to pursue better outcomes for our investors.”

ALC, the independent investment and fund management arm of Aqualand Group has around $300 million in assets under management. Founded in 2018 ALC specialises in equity across public and private markets, offering investment strategies to institutional investors, high-net-worth individuals, and families.

Equity Trustees’ Mr Beasley added: “Our expertise and long history in funds governance allows us to work diligently with fund management firms, offering a tailored and experienced approach to credit and equity market investments.”

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Wayne Mo

Independent fund manager, AL Capital (ALC), has selected Equity Trustees to be the responsible entity of its new range of retail funds, the ALC Global Credit Fund, ALC Active Australian Equity Fund and ALC Active Global Equity Fund.

Russell Beasley, Executive General Manager, Corporate Trustee Services, Equity Trustees said: “We are delighted to be selected as the responsible entity for these new retail funds launched by ALC and look forward to working closely with them across both credit and equity markets.”

The ALC Global Credit Fund aims to provide investors with exposure to fixed income securities expected to deliver income. The fund seeks to generate returns in excess of the RBA Cash Rate by 2.5% per annum over a period of 3-5 years.

The ALC Active Australian Equities Fund strives to equip investors with a strategy that offers exposure to ASX listed equities, while deploying various tools to manage downside risk – in particular shorting stocks with the aim of achieving absolute returns above the benchmark.

The ALC Active International Equities Fund will offer investors direct exposure to equities listed on major international exchanges with a return objective corresponding to the MSCI World Index.

Wayne Mo, Chief Executive Officer at ALC said, “We’re pleased to launch these three new funds in partnership with Equity Trustees. Through our diverse exposure across credit and equities strategies, we are expanding our product offering as our client base broadens and demand rises.”

He added that ALC’s long history of investment expertise and the firm’s recent acquisition of Peridot Investment Management points to exciting times ahead and compelling offerings for investors.

“We’ve been delivering excellent returns over the last five years, especially over the last twelve months amid unprecedented market volatility. The agility of our model further allows us to take advantage of timely opportunities without high levels of bureaucracy. Now we’ll be able to leverage the complementary capabilities of Peridot and our existing resources to pursue better outcomes for our investors.”

ALC, the independent investment and fund management arm of Aqualand Group has around $300 million in assets under management. Founded in 2018 ALC specialises in equity across public and private markets, offering investment strategies to institutional investors, high-net-worth individuals, and families.

Equity Trustees’ Mr Beasley added: “Our expertise and long history in funds governance allows us to work diligently with fund management firms, offering a tailored and experienced approach to credit and equity market investments.”

The post AL Capital selects Equity Trustees for new range of retail funds appeared first on AdviserVoice.

Wayne Mo

Aqualand Group’s independent investment and fund management arm, AL Capital Holding (AL Capital), has acquired 100% of Peridot Investment Management (PIM) with AL Capital’s Advisory Board approving the transaction on Wednesday 10 May 2023.

The deal will see Vincent Hua, PIM’s founder, Executive Director and Chief Investment Officer, joining AL Capital as a key senior leadership team member to oversee the growth strategy, together with Wayne Mo, CEO, AL Capital and CFO, Aqualand Group.

Founded in 2018, AL Capital is a fast-growing asset management platform managed by a team with a combined 150-years experience that predominantly invests in equity across public and private markets with two products covering domestic and international equities.

This acquisition, together with a partnership with Equity Trustee (EQT), will enable the company to offer retail compliant products to its expanded client base. The initial product line up will consist of ALC Global Credit Fund, ALC Active Australian Equity Fund and ALC Active Global Equity Fund. All three funds will be issued by EQT and the product issuer and AL Capital as the investment manager.

Wayne Mo said the acquisition is part of AL Capital’s growth strategy.

“AL Capital started out as a family office investing the Lin family’s funds. Through this transaction, we’re expanding our product offering and broadening our client base.

“We already have significant institutional grade infrastructure and governance experience with a combined expertise of over 150 years across the group.

“We’ve been delivering superior returns for the past five years. We even maintained strong positive returns over the last twelve months when the market was extremely volatile.

“With the agility of a family office, we’re able to move quickly on opportunities, without being hamstrung by levels of bureaucracy.

“Now, we’ll also be able to leverage the complementary capabilities between Vincent and his team and our existing resources to achieve bigger and better returns for our investors.

Hon. Warwick Smith AO, AL Capital Chairman said, “We look forward to welcoming Vincent and his team to AL Capital to not only bolster our service offering, but to also pursue our aligned values around giving back to the community.

“Both AL Capital and PIM are already major supporters of the Art Gallery of New South Wales, in particular the gallery’s new extension, the Sydney Modern Project. It’s great that we share similar commitments, and we can look to increasing them together.

Vincent Hua said he was very excited to join the AL Capital family.

“The acquisition makes perfect sense from not only a business point of view, but also from a cultural perspective.

“We share common values in our investment approach globally, but also philanthropically, with our support of the arts, such as the Art Gallery of New South Wales.  

“It’s going to be exciting times ahead with the acquisition creating really compelling offerings for our combined client base.”