AXA Rosenberg has launched a global equities fund with a 30 per cent shorting capability and a seed investment of $250 million.
“The fund has been seeded by a very large superannuation fund,” Nicholas Smith, AXA Rosenberg managing director Australia/New Zealand, said. He said the fund had been launched in response to investor demand for a 130/30 long/short type fund. “We’ve seen very strong demand for people looking for MSCI World-type returns with limited exposure to shorting. This fund allows them to do that,” Smith said. Equity Trustees is the responsible entity for the fund. AXA Rosenberg manages $5 billion in funds under management in Australia and $USD 100 billion worldwide. Smith said the new fund offers investors more exposure to the MSCI per dollar of investment than a traditional portfolio. The fund can be invested in as many as 450 stocks.
As super fund CIOs return to work for 2025, all eyes are on two things: Donald Trump’s presidency, and inflation. But they’re not the only issues that will drive investment decisions and returns, and some of them may present an unfamiliar set of challenges for a cohort of investment professionals that has grown up experiencing a particular set of market and economic conditions.
Simon HoyleJanuary 7, 2025
