Australia’s leading trustee company Equity Trustees today announced its latest appointment as Responsible Entity (RE) for two global equity funds launching in Australia.
“Equity Trustees has grown to become the market leading RE provider in Australia. SG Hiscock was one of our foundation clients when we were established 20 years ago – 2020 is a milestone year for us in this business,” said Harvey Kalman, Head of Global Fund Services and Executive General Manager Corporate Trust Services, Equity Trustees.
“Enabling access to these funds provides the Australian public with access to a quality global manager via the distribution expertise of SG Hiscock, and we’re pleased to be appointed as RE as a result of this new partnership.”
The Morgan Stanley Investment Management global equity funds will be exclusively distributed in Australia by Melbourne-based boutique fund manager SG Hiscock & Company.
The two funds are:
· Morgan Stanley Global Quality (hedged and unhedged): This fund invests in high quality companies that have the ability to consistently compound shareholder returns over time, and
· Morgan Stanley Global Sustain (hedged and unhedged): This fund uses a similar methodology to the quality strategy but it emphasises the low carbon footprint, and excludes tobacco, gaming, adult entertainment, weapons, bulk commodities, fossil fuels, and gas/electrical utilities from the portfolio.
“We are delighted to be continuing our long-standing partnership with SG Hiscock & Company, and now with Morgan Stanley Investment Management,” said Mr Kalman.