It's in the mix-changes to BT Multi-manager funds

BT Financial Group announced a new structure to the Advance Investment Solution in Dec 2008, appointing Patrick Farrell as the Hand of Advance Investment Solutions. Find out the recipe for change?
By: BT Financial Group
 
 
BT Financial Group
BT Financial Group
May 14, 2010 - PRLog -- Since BT Financial Group (BTFG) announced a new structure for the Advance Investment Solutions team in December 2008, including the appointment of Patrick Farrell as Head of Advance Investment Solutions, this team has been applying a single end-to-end process for the investment strategy, performance and risk management of both the BT and Advance multi-manager funds, as well as the BT Partner funds.

During this time, we’ve been making gradual changes to the BT Multi-manager funds by the asset class exposures, and determining the investment manager line-up and mandates to deliver better and more consistent risk-adjusted returns for our investors.
We’ve now completed some changes to the investment manager line-up for our Australian shares, fixed interest and property sectors, and Multi-manager Diversified Funds. This is the final stage of our process to align the investment strategy, performance and risk management of the BT Multi-manager and Advance Multi-Blend funds, which means from 15 April 2010 all BTFG multi-manager funds have the same investment managers and the same strategic asset allocation strategy.

A recipe for change

The conditions we experienced during the GFC allowed us to really examine the market and take advantage of emerging opportunities. As a result, these manager changes not only make the most of the opportunities going forward, but also to appropriately manage risks. The changes we have made to our investment manager line up represent our focus on hand picking boutique and specialist managers not just for their individual capabilities, but also for their complementary characteristics.
New manager line-up

Australian shares

• Alleron Investment Management
• Ausbil Dexia
• BT Investment Management
• Celeste Funds Management
• Contango
• Northcape    
• Schroders  
 
Fixed Interest

• Franklin Templeton Investments
• Standish Mellon
• Wellington Management
• Perennial Investment Partners  

Property

• CBRE
• European Investors
• Perennial Investment Partners
• Colonial First State  

As a result of the changes and our active investment management, our portfolios offer greater diversification and the potential to achieve sustainable long-term outperformance over benchmarks and our peers.

We'll continue to actively review the allocations for all our investment managers within our robust risk management framework and make adjustments as needed to deliver the optimal selection and allocation of investment managers so the BT Multi-manager Funds can meet and exceed their objectives over the long term.

What do you need to do?
Nothing - you’re still invested in the same fund, only the investment managers who manage the underlying assets in the Fund have changed. As an active investment manager we believe our new investment manager line-up offers better potential for the Funds to continually meet and exceed the objectives set and ultimately result in better returns for our investors.

Find out more
You can find out more about the newly appointed managers by visiting our Investment Managers page. For more information on the reasons for the changes and our outlook for 2010, you can view a webcast with Patrick Farrell, Head of Advance Investment Solutions.
If you have any questions about the changes or your investment in general, please speak to your financial adviser or call us on 132 135.

# # #

BT has been helping Australians create, manage and protect their wealth since 1969 and today, is one of Australia’s leading providers of superannuation, investment and insurance products. We are owned by the BT Financial Group (BTFG), the wealth management arm of The Westpac Group. Visit http://www.bt.com.au.
End
Source:BT Financial Group
Email:***@btfinancialgroup.com
Zip:2001
Tags:bt, Multi Manager Funds, Advance Investment, Bt Partner Fund, Investment Managers, Investors, Returns, Property
Industry:Financial
Location:Sydney - New South Wales - Australia
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Consultancy News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share