Australian equities specialist, Ankura, sees growing interest in its Australian Equity Long Only strategy
LONDON & SYDNEY, 18 August 2011 — Ankura Capital Pty Ltd, the Australian equities specialist for BNY Mellon Asset Management, has been named to manage a AUS$440 million Australian equity mandate for MTAA Superannuation Fund. MTAA Super is the Australian superannuation fund for the motor trades and allied industries.
"Our Australian Equity Long Only strategy is proving popular with investors and we have attracted close to AUS$1 billion in just over six months," observed Greg Vaughan, chief investment officer and managing director of Ankura Capital. "We are developing a strong position in the Australian market and are benefiting from building our quantitative model with the nuances of the Australian market in mind."
Ankura, based in Sydney, specialises in Australian and Japanese equities and has a solid long-term track record managing institutional funds since 1995. Ankura manages approximately AUS$1.4 billion in Australian and Japanese equities and has a primarily Australian client base.
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