The growth largely came from the US and Australia following an investment in distribution and “a number of key changes in order to open up access to our suite of global equity funds”, according to BAM managing director, strategy and distribution Rob Sullivan.
“What has resonated with investors is our unique investment proposition, which includes our bias to small- and mid-cap companies which offer stronger growth opportunities particularly where we are in the cycle at present,” he said.
Over the past 12 months, BAM’s flagship Bell Global Equity Fund was added to several approved product lists (APLs), such as Hub24, OneVue, Netwealth and Macquarie Wrap.
Furthermore, the flagship fund, as well as the Bell Global Emerging Companies Fund, was made available through the ASX’s mFund settlement service.
BAM has also made its global equities strategies available to retail investors, where it was previously only accessible to institutional investors.
“There is a growing demand from Australian retail investors, including those with self-managed super funds, for access to high quality international funds,” Mr Sullivan said.
“Bell Asset Management’s long track record of investing in global markets can assist to meet this requirement.”
