Ratings houses recommend Colchester fund following MacPherson hire
Lonsec and Zenith Investment Partners have recommended Colchester Global Investors' Global Government Bond Fund, since the firm's recruitment of Angela MacPherson.
The firm announced that Lonsec had issued a "highly recommended" rating for the fund, while Zenith, listed it as "recommended".
The global sovereign bond manager said the ratings culminated with the hiring of MacPherson as Head of Distribution Australia.
"She will be responsible for introducing Colchester's Global Government Bond Fund to the Australian intermediary market place for the first time in a bid to capitalise on these strong research ratings and platform interest," the firm said in a statement.
Recommended for you
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
Following yesterday’s news about First Sentier Investors closing four investment teams, a second global asset manager has announced it is closing its only dedicated Australian fund.