Bell AM awarded $500m mandate from Hostplus

Oksana Patron

31 October 2022

Global equities boutique manager, Bell Asset Management has announced it has been granted $500 million global small and mic-cap equity mandate from industry super fund, Hostplus.

Hostplus chief executive, David Elia, said Bell had been chosen to manage its Global SMID strategy for developed markets portfolio, thanks to its “strong long-term performance record, the quality of the team and a disciplined investment approach.

“We expect this strategy to add resilience to Hostplus’ asset class structure in light of the increasing market uncertainty,” he said.

Hostplus managing director, strategy and distribution, Rob Sullivan, added that there was increasing demand for this segment of the market as investors looked for sources of alpha at lower levels of risk versus other growth options.

Bell said its core focus was its global equity capability and it consistently outperformed its global benchmarks and peers since 2003.

Bell Asset Management’s Global Small and Mid-Cap strategy outperformed the MSCI World SMID Cap index by +5.3%p.a over the past five years, returning 12.2% p.a.

Since its inception in January 2003, Bell’s flagship Global Core strategy has returned 9.3%p.a. outperforming the MSCI World index by +2.2%p.a.