Boutique funds management firm Supervised Investments Australia Limited (SIAL) has started to promote its debt securities fund, the Supervised High Yield Fund, to independent financial advisers (IFAs).
As a sign of its commitment to the retail advisory and SMSF market SIAL has made three recent appointments. Ouafaa Karim as Chief Executive Officer, Matthew Aspinall as Key Account Manager and Prad Navaratnam as Business Development Manager.
The Supervised High Yield Fund, which started in early 2009, was approved for the Macquarie Wrap platform earlier this year, will be actively marketed to the IFA and self-managed superannuation fund markets.
“The Supervised High Yield Fund has a solid investment track record relative to its peers and has consistently outperformed it’s benchmark since inception in 2009. The Fund is managed by the very experienced portfolio manager, Phil Carden. Our objective is to deliver capital preservation whilst generating a high return low risk portfolio.” said SIAL chief executive Ouafaa Karim.
Phil’s career in the securities business spans 32 years, during which time he has successfully traded a wide range of bonds in international markets. In the 80s, Phil was responsible for the formation and management of Macquarie Bank’s debt securities division in both Australia and London. Following this, he was responsible for restructuring the Victorian Government’s seven billion dollar public debt portfolio.
SIAL was founded in 2007 by David Constable AM, whose career spans over 50 years in financial services. David is Chairman of SIAL and Portfolio Manager of The Supervised Fund. He was a member of the Australian stock exchange from 1961 until 1998, and has also had considerable experience in the Financial Planning industry as chairman of Pembroke Financial Planners, and a director of Towry Law PLC, a market leader listed on the London Stock Exchange prior to its takeover.
