Skerryvore Asset Management is based in Edinburgh and is a boutique of Bennelong’s UK arm, BennBridge. Its Australian unit trust, which was launched just over a year ago, aims to generate absolute long-term returns by investing responsibly in emerging markets.
Jonas Daly, head of distribution at Bennelong Funds Management, said there has been a high level of interest in Skerryvore’s approach from the Australian market.
“The team’s insights into emerging markets companies, coupled with a commitment to sustainable, high-quality investing, provides Australian investors access to companies with dynamic growth potential from some of the world’s advancing economies.
“Having the fund available on these platforms broadens its accessibility to a wider group of investors and advisers, particularly those who are looking to invest in an emerging market focused fund that places strong emphasis on alignment between investors and management teams.”
The Fund was also nominated for the Lonsec & SuperRatings Fund of the Year Awards for 2022 in the Emerging Manager of the Year category. This award recognises excellence across the funds management industry, focusing on portfolio managers with a strong investment approach and sense of focus on its investors. Lonsec Research determines the finalists and winners by applying a three-step selection process, with the initial screen ensuring the fund managers are rated ‘Recommended’ or higher by Lonsec.
“Our investment philosophy is focused on seeking to create high conviction portfolios of reasonably valued, high quality companies that are exposed to or operate in emerging markets,” said Skerryvore’s lead portfolio manager, Glen Finegan.
“We have always believed that finding companies that are both far-sighted and fair-minded should make it possible to deliver good returns over the long term. With this in mind, we aim to identify management teams and owners with good reputations, whose interests align with ours and our investors.”
The Fund has ratings of ‘Recommended’ from Lonsec and Zenith, and ‘Superior’ from SQM Research.
The rating issued (March 2022) is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The ratings are not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full reports. © 2022 Lonsec. All rights reserved.
The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned November 2022) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The ratings may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.
