Independent fund manager, AL Capital (ALC), has selected Equity Trustees to the be the responsible entity of its new range of retail funds, the ALC Global Credit Fund, ALC Active Australian Equity Fund and ALC Active Global Equity Fund).
Russell Beasley, Executive General Manager, Corporate Trustee Services, Equity Trustees said: “We are delighted to be selected as the responsible entity for these new retail funds launched by ALC and look forward to working closely with them across both credit and equity markets.”
The ALC Global Credit Fund aims to provide investors with exposure to fixed income securities expected to deliver income. The fund seeks to generate returns in excess of the RBA Cash Rate by 2.5% per annum over a period of 3-5 years.
The ALC Active Australian Equities Fund strives to equip investors with a strategy that offers exposure to ASX listed equities, while deploying various tools to manage downside risk - in particular shorting stocks with the aim of achieving absolute returns above the benchmark.
The ALC Active International Equities Fund will offer investors direct exposure to equities listed on major international exchanges with a return objective corresponding to the MSCI World Index.
Wayne Mo, Chief Executive Officer at ALC said, “We’re pleased to launch these three new funds in partnership with Equity Trustees. Through our diverse exposure across credit and equities strategies, we are expanding our product offering as our client base broadens and demand rises.”
He added that ALC’s long history of investment expertise and the firm’s recent acquisition of Peridot Investment Management points to exciting times ahead and compelling offerings for investors.
“We’ve been delivering excellent returns over the last five years, especially over the last twelve months amid unprecedented market volatility. The agility of our model further allows us to take advantage of timely opportunities without high levels of bureaucracy. Now we’ll be able to leverage the complementary capabilities of Peridot and our existing resources to pursue better outcomes for our investors.”
ALC, the independent investment and fund management arm of Aqualand Group has around $300 million in assets under management. Founded in 2018 ALC specialises in equity across public and private markets, offering investment strategies to institutional investors, high-net-worth individuals, and families.
Equity Trustees’ My Beasley added: “Our expertise and long history in funds governance allows us to work diligently with fund management firms, offering a tailored and experienced approach to credit and equity market investments.”
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Equity Trustees is the brand name of EQT Holdings Limited (ABN 22 607 797 615) and its subsidiary companies, publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Adelaide, Sydney, Brisbane and Perth
Equity Trustees was established in 1888 for the purpose of providing independent and impartial Trustee and Executor services to help families throughout Australia protect their wealth. As Australia’s leading specialist trustee company, we offer a diverse range of services to individuals, families and corporate clients including asset management, estate planning, philanthropic services and Responsible Entity (RE) services for external Fund Managers.
About AL Capital Holding (AL Capital)
Established in 2018, AL Capital Holding (AFSL 523648) is the fast-growing asset management and financial investment platform of Aqualand Group, managed by former investment bankers and fund managers with a combined 150 years’ financial market experience.
In addition to its successful self-managed Hedge Fund and PE investment portfolio, AL Capital specialises in Liquid Equities and Property Funds including the new AURA Unit Trust, Direct Investment and Fixed Income.
AL Capital has its head office in Sydney and affiliate offices in Singapore, Hong Kong and Shanghai.
To find out more, visit www.alcapital.com