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A global share capability though does extend beyond the new fund that we launched some two years ago. It's increasingly supported by other internal portfolio managers with, now, five of our portfolio managers in the equities business actively allocating to global stocks. For example, our Australian equities funds are currently investing around AUD270 million in global stocks, and around AUD60 million of the listed investment company portfolio is also allocated to global. On that note, our listed investment company has performed very well over the half. It's obtained good support and closed the NTA gap because it's delivered solid results to the market, which we did announce earlier this week. Let's now turn to the multi asset and also the credit and fixed income strategies within PI. These are key lead and grow strategies that will continue to deliver longer term growth for Perpetual, and they have performed well over the half and, I believe, are very well positioned for future growth. We have recently, in fact, received a number of ratings upgrades for our diversified real return fund, the balance growth, diversified growth, conservative growth and split growth funds. Our credit and fixed income team continue to obtain and deliver sustained high consultant ratings and have delivered strong performance over the half as well. Let's have a look at the summary of comparative performance, broadly, across the major funds in PI.

2017-03-14 / Posted in