Australian Wholesale Funds Marketing, a third-party marketer for groups such as value fund-of-funds manager Davis Selected Advisors, has changed its name to Australian Funds Marketing (AFM) after receiving an expanded AFSL allowing it to operate retail managed investment schemes.
It has established the AFM Davis Value Trust, with State Street as custodian and administrator, and is approaching platforms on the back of a ‘highly recommended’ rating for the product from Zenith Investment Partners. AFM also represents Edinburgh-based global equity manager Martin Currie, Ohio-based private equity manager Peppertree Partners, and the transition management business of Deutsche Bank.
10 October 2006 00:00
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Investments
In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.
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