Underlying fund managers

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  1. Multi Manager Approach

Access high-quality fund managers

Within the IOOF multi-manager portfolios, we access high-quality external fund managers through a rigorous and disciplined fund manager selection process. This includes specialist programs and expertise.

Boutique managers in the early stages of growth are able to generate superior returns compared to most other competing investment managers. We seek to capture these superior returns through the IOOF boutique program.

Within our program, boutique managers in the early start-up stages are identified and thoroughly researched. If they demonstrate that they have the expertise to be successful in the future, we provide them with seed funds under management.

The Boutique Manager Portfolio is not a standalone product and its risk attributes are managed within the broader mix of managers in the IOOF MultiMix Australian Shares Trust. Due to the nature of the Boutique Manager Portfolio, there may be higher risk associated as the underlying businesses may be less established.

We are proud to be the first multi-manager to develop an alternatives program and establish both defensive and growth portfolios within our funds.

Alternative investments are investments outside mainstream funds, and offer valuable diversification benefits.

Types of alternative funds we may invest in include:

Growth alternatives Defensive alternative
  • Private Equity
  • Commodities
  • Infrastructure
  • Timber and Agriculture
  • Special Situations
  • Long Bias Hedge Funds
  • Venture Capital
  • Distressed Debt
  • Infrastructure (core strategies)
  • Insurance Linked Bonds
  • Inflation Linked Bonds
  • Mezzanine/Subordinated Debt
  • Distressed Debt (conservative sub-class of the categories)
  • Emerging Market Debt
  • Non-Directional Hedge Funds

We have a solid property track record that extends past managed funds and includes direct property exposure. Our internally managed direct property portfolio targets niche mid-market investments and is relatively unique in the marketplace.

 

Current list of fund managers

The table below lists the current fund managers who form part of the IOOF multi-manager offerings.

MultiSeries

Asset class Fund manager Style
Cash and short-term securities IOOF Investment Services Ltd Short-term money market securities
Diversified fixed interest Janus Henderson Global Investors (Australia) Funds Management Limited Active Australian fixed interest
  Ardea Investment Management Diversified fixed income and total return Australian fixed income
  Metrics Credit Partners Pty Limited Australian corporate loans
  Western Asset Management Company Australian bonds and global high-grade multi-asset credit
  Stone Harbor Investment Partners LP Emerging market debt
  Bradywine Global Investment Management, LLC Top-down, value-driven
  Invesco Australia Limited International core fixed income
Property IOOF Investment Services Ltd Core
  Macquarie Investment Management Limited Passive listed Australian and global property securities
Australian shares Acadian Asset Management (Australia) Limited Small companies
  AllianceBernstein Investment Management Australia Limited Concentrated value
  The Northern Trust Company of Hong Kong Limited Quantitative quality and momentum
  Yarra Funds Management Limited Style neutral
  Invesco Australia Limited Quantitative 130/30
  IOOF QuantPlus Enhanced passive
  State Street Global Advisors, Australia, Limited Enhanced passive
International shares Alphinity Investment Management Pty Ltd Quality with earnings leadership
  Brown Advisory Limited Global equities
  TT International Emerging and developed markets
  Challenger Limited Index plus a margin of up to 1.4%pa
  Neuberger Berman Australia Pty Limited Emerging markets
Alternatives Invesco Australia Limited Global targeted return
  AllianceBernstein Investment Management Australia Limited Diversified Alpha
  Macquarie Investment Management Limited Passive listed global infrastructure
  Metrics Credit Partners Pty Limited Secured Australian private debt and real estate debt

MultiMix

Asset class Fund manager Style
Cash and short-term securities Janus Henderson Investors (Australia) Funds Management Limited Active
  Pendal Institutional Limited Relative value credit
  IOOF Investment Services Ltd Short-term money market securities
Diversified fixed interest Janus Henderson Investors (Australia) Funds Management Limited Active Australian fixed interest
  Ardea Investment Management Total return Australian fixed income
  Metrics Credit Partners Pty Limited Australian corporate loans
  Stone Harbor Investment Partners LP Emerging market debt
  Brandywine Global Investment Management, LLC Top-down, value-driven
  PIMCO Australia Pty Limited Global bonds
  T.Rowe Price International core fixed income
  Bentham Asset Management Pty Ltd Syndicated loans
  Western Asset Management Company Australian bonds, Global Total Return and global high-grade multi-asset credit
Property Fidante Partners Limited Broad cap core
  IOOF Investment Services Ltd Core
  Legg Mason Martin Currie Australia Limited Small cap
  Pendal Institutional Limited Active, value-driven, risk-controlled
  Cohen & Steers Capital Management, Inc. Active, core, bottom-up
  Resolution Capital Limited High conviction, benchmark – unaware
Australian shares AllianceBernstein Investment Management Australia Limited Managed volatility and concentrated value
  Acorn Capital Limited Micro-caps, active long only
  Invesco Australia Limited Quantitative, bottom-up, multi-factor approach
  Quest Asset Partners Pty Limited Fundamental quality and growth
  Vinva Investment Management Limited  Quantitative
  Legg Mason Martin Currie Australia Limited Dynamic value
  OC Funds Management Limited Small cap and micro-cap
  Northcape Capity Pty Ltd Quality
  Boutique Manager Portfolio Diversified Australian shares
  Defensive Equities Trust Defensive equities
International shares EAM Global Investors LLC Emerging markets small caps
  Alphinity Investment Management Pty Ltd Quality with earnings leadership
  Wellington International Management Company, Pty Ltd Growth
  Antipodes Partners Pragmatic Value, absolute return
  The Northern Trust Company of Hong Kong Limited Multi-factor
  TT International Growth at reasonable price and concentrated quality
  Thomson Horstmann & Bryant, Inc. Micro-caps
Alternatives We have a large number of underlying managers for our exposure to alternative assets. These managers are not listed separately due to the size of the list and the fact that the allocation to each manager is small.