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Markets
14 October 2025 by Olivia Grace-Curran

Oceania misses out as impact dollars drift

Despite strong global momentum in impact investing, allocations to Oceania from global investors are retreating – down 21 per cent over six years, ...
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Fortitude launches evergreen small-cap private equity fund

Private markets manager Fortitude Investment Partners has launched a small-cap private equity fund in evergreen ...

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BlackRock deems US dollar drop ‘not that unusual’

Despite concerns about the greenback’s safe haven status and a recent pullback from US assets, the asset manager has ...

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Australia spared in Binance pegged asset glitch

Binance has confirmed no users in Australia were impacted by technical glitches on pegged assets following the broader ...

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Ausbil expands active ETF range with 2 new tickers

Ausbil is set to broaden its active ETF offerings through the introduction of two new ETFs concentrating on global ...

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Monetary policy ‘still a little restrictive’ as easing effects build

In holding the cash rate steady in September, the RBA has judged that policy remains restrictive even as housing and ...

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T Rowe Price gets Russell Opportunity

  •  
By Stephen Blaxhall
  •  
2 minute read

An increase in fund size has seen Russell Investment Group add another manager to its Global Opportunities Fund.

Russell has appointed T Rowe Price International (TRPI) to its Global Opportunities Fund.

Growth manager TRPI will manage 15 per cent of the global equities fund, at the expense of Axiom, who see their share of the fund drop from 25 to 10 per cent. In dollar terms there has been no change to Axiom's holdings.

"The adding of TRPI is a function of how the fund has been growing and we have now reached a size where the time was right to add another manager," Russell portfolio manager Kathy Cave said.

"TRPI's style of fundamental growth investing will complement the investment strategies already operating within the fund," Cave said.

 
 

The other managers are MFS, who focuses on fundamental research on companies with good cash flow and earnings prospects at relatively low valuations, who manage 40 per cent of the fund and Arrowstreet, a quantitative manager, with 35 per cent. Axiom's style is to analyse companies with better than expected fundamental momentum. 

Russell's Global Opportunities Fund has $771 million in Australian sourced funds under management and was launched in December 2004.