28 July 2009
Alpha Fund Managers (Alpha), currently one of Australia's top performing multi-managers, has added a Bennelong Funds Management Australian equities fund to its Alpha Fund Series' multi-manager line-up.
Launched in October last year, the Bennelong Australian equities strategy is managed by Bennelong Australian Equity Partners (BAEP), a boutique established in July 2008 as a joint venture between Bennelong Funds Management (Bennelong) and experienced Australian equities professionals Paul Cuddy and Mark East.
Matthew Zschech, Alpha Portfolio Manager, said BAEP's bottom-up fundamental analysis, combined with one of the strongest quantitative tool sets in the market, led to their inclusion in Alpha's line-up.
"Bennelong enhances our manager line-up as it brings a truly unique strategy to our current Australian equities proposition," said Matthew.
Jarrod Brown, Bennelong's Chief Executive Officer, said the team was pleased with the announcement and viewed it as a positive endorsement of the BAEP proposition and the broader Bennelong business.
"This is great news for BAEP and affirms their current strategy and ability to bring a unique investment proposition to market," said Jarrod.