Equity Trustees selected by ClearLife Capital

Oksana Patron

15 December 2022

Equity Trustees has been selected the trustee by Australian investment firm, ClearLife Capital, for its new wholesale fund, the ClearLife Capital Opportunities Fund.

The fund, which would aim to invest primarily in securities listed on the Australian Securities Exchange (ASX) taking both long and short positions, would be expected to deliver risk-adjusted returns over the Reserve Bank of Australia (RBA) Cash Rate “across a range of market environments over the medium to long term”.

At the same time, the fund may invest in exchange traded or over the counter derivatives for risk management purposes, the firm said.

“We believe fundamentals ultimately drive stock returns and our research framework encapsulates both micro and macro-economic analysis. Our belief is that there are significant opportunities to exploit inefficiencies across individual stocks, sectors and the overall market,” ClearLife Capital’s co-founder, James McBeath, said.

“Our process capitalises on these whilst retaining capital preservation at the forefront of our ethos. We believe alternative investments that can deliver uncorrelated returns across a broad range of market environments are highly attractive.”

ClearLife Capital was founded by David Moberley and James McBeath with investor alignment as a key tenet and the founders are significant investors in the fund.

Russell Beasley, executive general manager, Corporate Trustee Services, Equity Trustees said: “We are delighted to be appointed as trustee for ClearLife Capital’s long short equities fund for wholesale investors and look forward to continuing to work closely with the team.

“Our expertise and years of experience with over 350 diverse managed investment schemes means we are well placed to provide trustee services for long short investment approaches across a variety of share markets.”