Equity Trustees has been appointed the responsible entity (RE) for the newly launched River and Mercantile Global High Alpha Fund.
London-based River and Mercantile Asset Management LLP is a new client for Equity Trustees, which now also has an office in London to service clients in the UK and Europe.
"We’re pleased to be chosen to support River and Mercantile to grow its presence in the Australian market," said Harvey Kalman, Executive General Manager, Corporate Trustee and Fund Services, Equity Trustees.
The Fund aims to achieve capital growth by primarily through global equities identified as having a prospect of superior long term growth by River and Mercantile investment managers.
It already counts the legal community’s $3 billion+ superannuation fund, legalsuper, as its first investor, and is available to Institutional clients in Australia, including Trustees of superannuation funds, pooled super trusts, family offices, foundations and endowments.
Equity Trustees is pursuing growth in its Fund Services business, meeting the market demand to provide service to fund managers who have a global outlook – whether they originate overseas like River and Mercantile, or are Australian fund managers looking to export offerings in the UK and Europe.
"There is a real need for seamless independent RE services as fund managers grow and seek to operate across international borders," said Mr Kalman.
"River and Mercantile can concentrate on their investment strategy confident the governance and administration details are in the hands of Australia’s leading independent RE provider with nearly 20 years’ experience – and now with capability based in London which means we bring an even better understanding of their business to the partnership."
Equity Trustees Limited (ABN 46 004 031 298 AFSL 240975) is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT) with offices in Melbourne, Bendigo, Sydney, Brisbane, Perth and London. This communication is intended as a source of information only. No reader should act on any matter without first obtaining professional advice.
Alicia Kokocinski
Senior Manager – Marketing & Communications
03 8623 5396 / 0403 172 024
