Media release: PM Capital awarded new global equities mandate

PM Capital has been awarded a new global equities mandate by Alpha Fund Managers. 

Alpha has cited PM Capital’s Global Companies Fund’s “long term track record and high conviction approach” when awarding the mandate.

PM Capital has been appointed to provide investment expertise to Alpha’s diversified ‘fund of fund’ international equities strategy.

William Wang, Head of Funds Management at Alpha Fund Managers, said: “We found PM Capital’s high conviction, concentrated style and long term track record particularly attractive.

“Its ability to successfully and consistently add value over the long term fits well with our belief that benchmark unaware investment managers can generate above market returns over the medium to long-term.

“PM Capital’s style characterised by exploiting anomalies in the market also blends well with our other mandated managers.”

Paul Moore, Portfolio Manager of the Fund, said: “We see an alignment of philosophies with Alpha, particularly given its commitment to long term investment.

“We are looking forward to providing Alpha’s clients with the benefits we can derive from finding and exploiting market anomalies around the world.”

PM Capital has a Global Equity strategy ranked number one for performance by Morningstar in its peer group over 1,3,5,7 and 8 years.* The PM Capital Global Equities Fund has produced annualised returns 4.6% above the relevant benchmark since inception.**




This media release is issued by PM Capital Limited (ABN 69 083 644 731, AFSL No. 230222) as responsible entity for the PM Capital Global Companies Fund (ARSN 092 434 618, Inception Date: 28 October 1998). *Source: Morningstar Direct. As at 30 June 2017, PM Capital’s Global Companies Fund ranked #1 in its Morningstar Australian Open-Ended Equity World Large Blend peer group of 214 over 1 year. The CFS FC-PM Capital Wholesale Global Companies Fund ranked #1 among its peer group of 176, 160, 144 and 143 over 3, 5, 7 and 8-year period respectively. © 2017 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO").**The MSCI World Net Total Return Index (AUD) in Australian dollars, net dividends reinvested. As at 30 September, 2017.