Standard Life Investments, the global asset manager, is pleased to announce that MLC has added the highly successful Global Absolute Returns Strategies (GARS) Australian Trust (ARSN 125 897 261) and Absolute Return Global Bond Strategies (ARGBS) Australian Trust (ARSN 125 897 261) to its investment solutions platform.
Matthew Newham, Investment Director Wholesale Business, Standard Life Investments, said: “Sophisticated investors are now focused on managing risk more effectively and achieving consistent investment returns, helping the products to secure spots on MLC’s platform.”
“We’re delighted that MLC has added GARS and ARGBS to its highly regarded wrap platform. Diversified absolute return strategies such as GARS and ARGBS are helping Australian investors to achieve more reliable and consistent returns, but with much lower levels of volatility,” said Mr Newham.
MLC’s move is evidence that there is growing demand in Australia for absolute return funds with established track records. GARS is an award-winning multi-asset strategy established in June 2006 in the UK. The fund aims to provide positive returns over a rolling three-year period irrespective of market conditions, with about a third to half the volatility of global equity markets. GARS Australian Trust has been offered to Australian institutional investors since 2009, and wholesale investors since 2014.
The ARGBS underlying fund was established in March 2011, and the Australian Trust has been in operation since June 2014.
“ARGBS will appeal to investors who are seeking a defensive alternatives strategy with low levels of risk,” said Mr Newham.
Source: Standard Life Investments
