Macquarie Wrap has added a new growth company fund to its platform to give investors access to growing companies.
Hyperion Asset Management has announced that its Global Growth Companies Fund has been added to the platform applying the same philosophy as is seen in its Australian equity portfolio.
The platform is the latest for the fund which is also available on BT Panorama, BT Wrap, Hub24 amongst others.
Hyperion’s managing director Tim Samway said the group had received a lot of interest in its global strategy fund.
“We’ve received a significant uptick in interest for our global strategy from both Australian advisers and investors - in particular, investors wanting greater exposure to global equities in their search for superior returns in an otherwise low-growth, low-return environment,” he said.
Mr Samway said Hyperion ran concentrated portfolios and as investors the group liked to take a business owner approach.
"Our individual stock weights are often several times larger than those of our competitors. At Hyperion, we invest like business owners, taking a bottom-up approach that aims to produce superior investment returns for our investors over long-time horizons.”
The fund has a recommended zenith rating and has performed above the benchmark, the MSCI World Accumulation Index since 2014.
The major bank has announced additional charges of $525 million after tax in connection with increased provisions for its customer-related r...
The Commonwealth Bank has advised that it will begin a reimbursement process to current and former staff for lost wages from next week. ...
The major banks have seen their reputations significantly downgraded in an annual perception survey, with AMP placing last out of 60 Austral...