The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Titan Asset Management
Titan Asset Management has launched the IFSL Titan Equity Growth Fund. This fund will be actively managed and invest at least 80 per cent in direct equities globally. The fund can also invest up to 20 per cent in different asset classes including money market funds, government and corporate bonds and real assets, for example property and commodities.

The fund selects stocks based on a proprietary screening and research solution which identifies potential investments that aim to deliver long-term gains via a combination of capital growth and income. The fund will also employ a top-down macroeconomic perspective to optimise total returns over the market cycle, Titan said in a statement. The fund, which will follow a process that is primarily based on quality, growth and cash flow valuations, has been deployed within the Titan group since 2009. Over that period, it has delivered compound annual returns of 10 per cent per annum with lower volatility than that of its peer group, the firm said. 

This new fund addition complements the existing Titan Asset Management fund range which includes the ACUMEN Portfolios and Mazarin Funds as well as an extensive MPS range. 

Apollo
New York-listed investments house, Apollo, has launched the Apollo Private Markets SICAV, a Luxembourg-based product platform offering Apollo’s alternative solutions to wealth investors in EMEA, Asia and Latin America.

Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) has authorised the platform.

The platform launch marks a significant milestone in the build out of Apollo’s Global Wealth business in regions outside the US, Apollo said in a statement yesterday.

The new platform will initially offer two perpetual, semi-liquid products – one that provides a turn-key solution to broad private markets exposure and another focused on US private credit. Apollo plans to add additional strategies in upcoming months. The SICAV structure will allow investors to access strategies in their local currency, with lower investment minimums than traditional alternative product offerings, it said.

“The new offering will complement institutional funds and planned country-specific parallel funds to provide our global distribution partners with a variety of structures to best address their clients’ needs and objectives,” Apollo’s Veronique Fournier, managing director and head of EMEA Global Wealth, and Edward Moon, managing director and head of Asia-Pacific Global Wealth, said.

As of 31 December 2022, Apollo had around $548 billion of assets under management.