Melbourne-based fund manager ARCO Investment Management has a had a fund built around its absolute return strategy added to the BT Panorama platform.
The aim of its Absolute Return Fund is to consistently compound investor returns over time through a fundamental approach to stock selection, combined with an overarching focus on preserving capital through the market cycle, ARCO said in a statement.
ARCO co-founder and portfolio manager George Colman said the fund would further open-up adviser and investor access to a tried and tested approach to protecting and growing wealth at a time when market volatility seems likely to rise.
“The ARCO absolute return strategy was launched just after the Lehman Brothers bankruptcy triggered the global financial crisis in 2008, with the purpose of delivering to investors positive, absolute returns, not returns relative to a market benchmark, which can be more volatile and negative at times,” Mr Colman said.
“We are pleased that a growing number of advisers will now be able to access the fund and provide their clients with a well-worn approach to preserving and growing their capital over time.”
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
The FSCP has handed down a three-month suspension to a financial adviser for incorrectly using three clients’ records of ...
The shadow financial services minister has used a speech at the ASFA conference to urge swift action in delivering ...
The corporate regulator has delivered a swathe of updated guidance documents for financial advisers in line with the ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin