The Fund, along with a range of other active managers, has been impacted by increasing volatility in the market, the “low quality” risk-on rally in the second half of 2025 and the underperformance of “quality” as a style – which has been abnormally soft.

Since inception, the Fund has generated a strong total net return of 6.59% p.a. (before franking credits), underperforming the ASX200 Accumulation index by 1.02% p.a.

The first quarter of 2026 was volatile for Global Equities. It was notable that the best performing positions in the EQT Eight Bays Global Fund were select thematic ETFs in Energy, Technology and Industrials.

Short-term funding can deliver quick wins, but changing systems takes time. Watertrust Australia is demonstrating how philanthropy can enable better processes and more durable outcomes.

A four-week internship opened new doors for emerging dancer Kiarn Doyle. Backed by a philanthropic grant, the internship is part of a program helping First Nations artists to transform their skills into professional opportunities.

Equity Trustees’ submission of 27 February 2026 to the consultation on Enhancing oversight and governance of managed investment schemes by the Australian Government (Treasury) recognises that the nature and complexity of the funds management industry is evolving and supports Treasury’s aim of ensuring the regulatory environment evolves to protect investors interests.