Pendal Concentrated Global Share Fund
A contrarian, high conviction portfolio of the best companies from the best industries, world wide.
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Meet The team
Ashley Pittard |Portfolio Manager
Ashley Pittard is the Portfolio Manager of the Pendal Concentrated Global Share Fund and Head of Pendal’s Global Equities Boutique based in Sydney, Australia. With 24 years’ global investment experience, Ashley is one of the most experienced managers in global equities in Australia. He joined Pendal in 2016 with 16 years’ experience applying a similar approach to stock selection as the Pendal Concentrated Global Share Fund.
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Sue Scott
Senior Investment Analyst
Sue’s experience in the finance industry spans over 24 years, 17 of which were with Morgan Stanley in Sydney, London and Hong Kong where she spent time advising UK, European and Global investors.
Paul Gyenge
Senior Investment Analyst
Paul has over 10 years’ experience in analysing and valuing international investments. Prior to joining Pendal’s Global Equities team Paul worked as a Global Investment Analyst at PM Capital in Sydney.
Paul Wong
Investment Analyst
Paul spent 7 years at UBS in Sydney as an equity research analyst in the healthcare and retail sectors. He was recognised via an independent survey as part of a top three research team in the retail sector.
Ayesha Azeem
Investment Analyst
Ayesha is responsible for global coverage of the Consumer Staples sector. Ayesha has a Bachelor of Economics majoring in economics and finance at the University of Sydney.
How We manage Money
Select the highest quality, and at the right price, invest with conviction
The result: A concentrated, index-agnostic portfolio of 35-55 stocks. Each stock is expected to outperform over a five to seven year time frame.
Concentrated
- 35-55 stocks
- Meaningful exposure to ideas
Benchmark agnostic
- Only 20% of the index is attractive at any time
- Stocks will be in ‘clusters’ of opportunity
Low turnover
- Typically a five year time horizon for ideas
- Tightly defined universe of industries and companies
Risk managed
- Sectors capped at 35%, stocks at 10%
- No gearing, hedging or shorting – just pure stock-picking
Funds Snapshot
Significant features: The Pendal Concentrated Global Share Fund is an actively managed, concentrated portfolio of global shares and is diversified across a broad range of global sharemarkets.
Fund objective: The Fund aims to provide a return (before fees, costs and taxes) that exceeds the MSCI World ex Australia (Standard) Index (Net Dividends) in AUD over the medium to long term.
Benchmark: MSCI World ex Australia (Standard) Index (Net Dividends) in AUD
Platform Availability
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Content Library
The Lonsec Ratings (assigned as follows: APIR: BTA0503AU – March 2019) presented on this page are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Ratings are limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Pendal Group Limited products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned November/2018) referred to on this page is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines