Schroders Investment Management Australia (Schroders) has launched a fund which targets institutional investors and actively allocates between the firm’s global value and global quality strategies.
The Schroder Global Dynamic Blend Fund actively allocates between the Schroder Global Value and Global Quality strategies according to the relative attractiveness of each underlying investment strategy at any given time, Schroders said.
The Global Value is an actively managed, index unconstrained strategy that invests in attractively priced companies that offer stable growth but are profitable and financially strong.
Global Quality is a growth alternative to the traditional value style and invests in quality companies that offer stable growth, are profitable and financially strong, while avoiding the disappointment associated with glamour stocks, Schroders said.
“Global Dynamic Blend offers a more balanced investment solution for investors who wish to use their style budget more proactively or wish to avoid the expense of switching between style-based managers,” Schroders said.
The fund aims to beat the MSCI World ex-Australia Index by 4 per cent per annum gross of fees over the long term.
The Schroder Dynamic Blend strategy is receiving strong interest from institutional investors and has already gained $200 million in inflows, Schroders chief executive Greg Cooper said.
The strategy is managed by the Schroders quantitative equities team, which is based in Sydney and London and is led by John Abercrombie.
The fund won’t be accessible to financial advisers via platforms in the short term.
