Australian boutique eyes London expansion with fund launch

Added 2nd August 2017

Australian investment manager Antipodes Partners has launched a global equity fund to the UK market ahead of plans to expand its London office later this year.

Australian boutique eyes London expansion with fund launch

The firm announced the launch of a Dublin-based Ucits version of its flagship Antipodes Global Fund on Wednesday, citing rising demand for the product from European and Asian investors.

It is a global long/short strategy made up of between 30 to 60 long holdings and is managed by the firm’s 13-strong investment team.

Antipode’s founder Jacob Mitchell said the largest allocations in the fund were currently to Asia, developing areas of Asia and western Europe.

Cornered bankers

He said the team was avoiding expensive bond proxies as long investments and warned investors had confused low volatility with low risk in recent times.

“Central bankers have somewhat cornered themselves. Increasingly, political and economic pressure to normalise interest rates or withdraw stimulus is likely to trigger volatility and widen credit spreads.

"While the low-volatility regime may endure, investors have grown too comfortable with the central bank reaction function, extending the illusion of stability,” Mitchell said.

He added: “Flexible and risk-aware investment strategies seeking idiosyncratic alpha, rather than passive beta, should outperform in an environment where volatility awakens from temporary hibernation.”

London calling

Antipodes, first launched in 2015 by Mitchell, also revealed plans to expand staff numbers in its London office currently run by senior investment analyst Chris Connolly.

The Antipodes Global Fund will be the first sub-fund to be distributed by Pinnacle Investment Management, an Australian multi-boutique platform.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

UCITS - BREXIT?

How will the UK be able to benefit from the UCITS passport after Brexit? From what I understand UK will not be part of the EEA. Thank you for any clarification on this matter.

Posted by: Jk, 02 Aug 2017

About Author

Louise Hill

Senior Reporter

Louise joined Portfolio Adviser in December 2016 as one of the editorial team’s news reporters based in London. Originally from Liverpool, she is an NCTJ-qualified journalist and began her career in 2014 working on local newspapers.

Features

Economics of ESG investing driving demand in Europe

Economics of ESG investing driving demand in Europe...

A growing number of institutional investors in Europe are embedding ESG analysis in their investment processes in response to regulatory pressure, consumer demand and a rising appetite for new sources...

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Fund Links Forum 2017
IA International Fund Links Forum 2017

Thursday 14 September

The Langham, London

IA Future Advisory Forum Europe 2017
IA Future Advisory Forum Europe 2017

Thursday 28 September
The Waldorf Hilton, London

IA Best Practice Adviser Awards Europe 2017
IA Best Practice Adviser Awards Europe 2017

Thursday 28 September
The Waldorf Hilton, London

IA Best Practice Adviser Awards South Africa 2017
IA Best Practice Adviser Awards South Africa 2017

Thursday 5 October
The Vineyard Hotel, Cape Town

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...