Perpetual awards Colchester mandate and inclusion in adviser models

Colchester Global Investors has been awarded a global sovereign bond mandate by Perpetual, as well as inclusion in Perpetual Private Wealth models.

Theo Sofios, Perpetual Private’s Head of Multi Manager said: “We look forward to partnering with Colchester and accessing their Global Government Bond Strategy via a separately managed account and their fund for Perpetual Private’s Implemented Fixed Income Portfolio and Fixed Income Model Portfolios respectively”.

The portfolio will be managed using Colchester’s time-proven real yield approach which selects sovereign markets with high real yields and strong financial stability as well as attractive currencies based on real exchange rates and balance sheet strength.

Colchester has a demonstrated track record of exceeding its objectives over a 19-year period and has shown its defensive characteristics during periods of market stress over this time.

“Colchester provide our portfolios with a simplified and transparent exposure to an actively managed government bond and global currency strategy,” added Mr Sofios.

Angela MacPherson, Colchester’s Head of Distribution in Australia, said: “The business is excited to grow its partnership with Perpetual and we are pleased to be part of the Perpetual Private portfolios and models. Colchester has a long-standing history of managing money for institutional clients and we are proud to manage just over A$7 billion of assets for Australian and New Zealand clients which is a fantastic milestone to achieve”.

Media Contact

Angela MacPherson
02 8599 2132
amacpherson@colchesterglobal.com

About Colchester Global Investors

Colchester Global Investors is a value-oriented investment manager with a singular focus on managing global sovereign bonds and currency. Chairman and CIO Ian Sims founded the privately-owned asset management business in 1999. Colchester is based in London, with offices in New York, Singapore, Sydney and Dubai. Colchester has funds under management of approximately A$68bn across four core strategies being global sovereign bonds (A$41.3bn), global inflation-linked (A$6.7bn), emerging market debt (A$17.9bn), and an alpha program (A$2.2bn).

Colchester enjoys a long-standing history of managing money for many prestigious Australasian institutions, with assets under management of A$7.2bn. Investment management services are provided to institutional clients on a separate account basis for mandates over A$75 million.

Colchester has also launched wholesale funds for their global fixed income and emerging market capabilities. The Colchester Global Government Bond Fund has FUM of approximately $428 million and The Colchester Emerging Markets Fund has FUM of approximately $39 million.

The Colchester Global Government Bond Fund is currently rated Highly Recommended by Lonsec and Zenith, and the Morningstar Analyst Rating™ is Silver.

Current platform listings include, AMP MyNorth, AMP Portfolio Care, AMP Summit, AMP iAccess, Ausmaq, BT Panorama, BT Wrap, CFS FirstWrap, HUB24, IOOF Pursuit, Macquarie Wrap, Mason Stevens, Netwealth, PowerWrap, Praemium and uXchange.

The Colchester Emerging Markets Bond Fund is currently rated Recommended by Zenith and current platform listings include Ausmaq, HUB24 and Netwealth.

 

Please note the following in respect of Colchester’s regulatory status in Australia: (i) neither Colchester Global Investors Limited nor Colchester Global Investors (Singapore) Pte. Ltd. holds an Australian financial services licence for the provision of certain financial services, and both entities are exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (Cwlth) in respect of the financial services Colchester provides; (ii) Colchester Global Investors Limited is authorised and regulated by the Financial Conduct Authority of the United Kingdom under UK laws, which differ from Australian laws; (iii) Colchester Global Investors (Singapore) Pte. Ltd. is regulated by the Monetary Authority of Singapore under Singapore laws, which differ from Australian laws. Therefore, Australian wholesale clients are not necessarily subject to the same types of legal protections or remedies that they would enjoy if Colchester was directly subject to the Corporations Act. Colchester is entitled to offer its financial services in Australia pursuant to an exemption from the requirement to hold an Australian Financial Services Licence under the Corporations Act, on the basis, among other things, that the clients are “wholesale clients” within the meaning of the Corporations Act.

Past performance is not necessarily a guarantee of future returns, and the value of any investment may fall as well as rise. Prospective investors should be aware that any investment involves a degree of risk. Unless shown otherwise, excess and total returns are illustrated as gross of fees. Nothing in this News Release should be construed as providing any type of investment, tax or other advice. Neither should anything in this News Release be considered a solicitation, recommendation, endorsement or offer to purchase or sell any financial security or other financial instrument. Valuation and returns have been calculated in AUD as at month end. The WM-Reuters exchange rate used by the index provider in compiling their index is the predominant exchange rate used in valuing the portfolio.

The Lonsec Rating (assigned August 2019) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Colchester Global Investors product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned February 2019 for Colchester Global Government Bond Fund, assigned August 2019 for Colchester Emerging Markets Bond Fund) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines

The Morningstar Analyst Rating™ for Colchester Global Government Bond Fund is ‘Silver’ as of 21 Jan 2019. © 2019 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser.

Equity Trustees Limited (ABN 46 004 031 298, AFSL 240975) is the Responsible Entity of the Colchester Global Government Bond Fund (ARSN 168 909 671) and the Colchester Emerging Markets Bond Fund (ARSN 616 633 428) (each a “fund”). This document is not intended to be securities or financial product advice and should not be relied upon as such. To obtain a copy of a Fund’s PDS please contact Colchester. The PDS should be considered in deciding whether to acquire, or continue to hold, an investment in a Fund. This information is of a general nature only and does not take into account the investment objectives, financial situation or particular needs of any investor and should not be taken as a securities or stock recommendation. These factors should be considered before any investment decision is made in relation to a Fund. The performance of a Fund is not guaranteed. Colchester and Equity Trustees Limited make no representation (express or implied) and shall have no liability in any way arising from the provision of this document for any loss or damage, direct or indirect, arising from the use of this document.