Global asset manager Antipodes Partners has had its global long-short fund added to Colonial First State’s FirstChoice platform.
In a statement, Antipodes Partners announced that its Global Long-Short Strategy would be included on the investment menu of FirstChoice.
The fund invests in a number of companies in the global share market with a net equity exposure of around 60 per cent.
“Equity shorts and currency positions may be used to take advantage of attractive opportunities, offset specific unwanted portfolio risks and provide some protection from negative tail risks,” according to the statement.
“Derivatives may also be used to amplify high conviction ideas.”
Since the fund’s inception on 1 July 2015, it has delivered total returns of 41.8 per cent.
Antipodes Partners has approximately $7 billion assets under management from institutional, retail, SMSF and high net worth investors.