Magellan, Vinva partnership delivers double fund launch

The strategic partnership forged between Magellan Asset Management and systematic equities manager, Vinva Investment Management, earlier this year has led to the launch of its first two Vinva-branded funds.

The Vinva Global Equity Fund and Vinva Australian Equity Fund are also set to be joined by the Vinva Australian Alpha Extension Fund, a 130-30 long/short strategy, to be launched in November.

The funds leverage Vinva’s flagship active and systematic investment approach to deliver exposure to diversified equity portfolios that are ‘style-neutral’ and seek to provide consistent medium to long-term outperformance.

“The launch of funds to the wholesale and retail market is a key milestone in our partnership with Vinva and is indicative of the significant growth potential we see ahead,” Sophia Rahmani, Managing Director of Magellan, said.

“We are bringing Vinva’s investment expertise and track record of performance to more clients through these innovative and high-quality investment products, which are complementary to Magellan’s existing offering.

“We look forward to launching more Vinva Funds and bringing them to market with our high-quality distribution team.”

Magellan announced it had struck a strategic partnership deal with Vinva in August, becoming the manager’s global distribution partner (excluding Australian institutional clients). Since the announcement, Vinva’s funds under management (FUM) have grown by $1.6 billion to $23.1 billion as of 17 October.

Vinva Investment Management’s Global Systematic Equities Fund also earned the Highly Commended recognition at Financial Newswire‘s Fund Manager of the Year Awards for 2024 with SQM Research, in the Global Equities – Large Cap category.

“We are enjoying working with the Magellan team and delighted to bring two Vinva funds to market so quickly,” Vinva’s Managing Director and CIO, Morry Waked, said.

“We look forward to a long and successful partnership, leveraging Magellan’s extensive and high-quality distribution network and allowing us to focus on delivering investment returns for clients.”