Active boutique enters retail arena

Another boutique active manager has moved into the retail investment space – this time the Swell Global Fund.
The high conviction global equities manager announced this week it had launched a retail trust, giving financial advisers and clients access to the group’s investment capabilities for the first time.
In doing so it is pointing to its wholesale track record showing that in the five years to 31 July this year, the Swell Global Portfolio delivered an annualised return of 20.67%, outperforming the MSCI World Index by 5.61%.
It said the Swell Global Fund replicates the group’s highly successful absolute return strategy, which recently surpassed $100 million in funds under management, .
The fund’s move into the retail space following the appointment of Stephen Poole as chief executive officer.
The Swell Global Fund, which invests in a concentrated portfolio of around 15 companies, has appointed Perpetual as responsible entity and Mainstream Group as fund administrator.
Swell chief investment officer, Lachlan Hughes said the decision to launch a retail fund, after six years of managing money exclusively for wholesale investors, was driven by increasing retail demand for an active strategy that didn’t hug the index and delivered strong returns.
The Swell Global Fund is currently available to advised clients on the Hub24 platform.
So in other words, almost 80% of the surveyed clients have no thoughts of replacing their adviser. This is a…
Deliberate adviser blocking tactics by union super funds. Some are OK, such as ART and and Aware. But Australian Super…
Of course the SMC supports ASIC’s IDR naming and shaming proposal—this is entirely in line with its broader strategic playbook.…
Has anyone noticed that most platforms try to classify complaints as feedback instead of complaints nowadays? Even when you stipulate…
No this would be analogous with Industry Funds being named and shamed for individual breaches and incidents in IDRs and…