4th Dec, 2024
Why Australia’s newest fund may have an edge over rivals
Published in the Australian Financial Review on 4 December 2024. See the original article here.
Some of Australia’s best money managers have thrown their hats in the ring for a new investment trust run by – and for the betterment of – women, which statistics show may have the edge over male-dominated funds.
Launched by federal Minister for Women and Finance Katy Gallagher in Sydney on Wednesday, the Future Generation Women’s fund has nabbed $100 million in seed funding from Nicola and Andrew Forrest’s Minderoo Foundation.
Joshua Peach is a Markets Reporter at The Australian Financial Review. Email Joshua at joshua.peach@nine.com.au
Disclaimer:
This material (or any contribution to it) is not intended to constitute advertising or advice (including legal, tax or investment advice or security recommendation) of any kind. It is of a general nature only and was current only at the time of initial publication. The information and opinions contained herein are not necessarily all-inclusive and, as such, no representation or warranty, express or implied, is made as to the accuracy, completeness or reasonableness of any assumption contained herein and no responsibility arising for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Paradice, its officers, employees or agents. It may contain certain forward looking statements, opinions and projections that are based on the assumptions and judgments of Paradice with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Paradice. Because of the significant uncertainties inherent in these assumptions, opinions and judgments, you should not place undue reliance on these forward looking statements. You should consider your own needs and objectives and consult with a licensed financial adviser. For the avoidance of doubt, any such forward looking statements, opinions, assumptions and/or judgments made by Paradice may not prove to be accurate or correct. References to securities may or may not represent the holdings of the Paradice Funds. It does not reflect any events or changes in circumstances occurring after the date of publication.
The information may contain confidential, proprietary, privileged or copyright material belonging to us, related entities or third parties and may not be copied, reproduced, published, disclosed or redistributed in any format without the prior approval of Paradice.
