PPM opens fund to more Australians
Monday, 14 September 2009 11:15am
Boutique investment manager Private Portfolio Managers (PPM) is opening its doors to more investors through the PPM York Super Fund.
PPM currently offers tailored individually managed accounts (IMA) investment strategies to investors looking to invest more than $1 million in the Australian share market.
These investors include high net worth individuals as well as family offices, superannuation funds and charitable institutions.
However for investors who don't have $1 million to invest, PPM manages the PPM York Super Fund, a public offer superannuation fund that has recently opened its doors to all investors.
The PPM York Super Fund adopts a thematic investment approach and has consistently outperformed the benchmark over the past five years. For the year ending 30 June the super fund has produced returns of 1.9 per cent annually over three years and 9.9 per cent annually over five years.
To assist with providing services to new investors, PPM has recently appointed senior business development and marketing specialist Kris Vogelsong into the newly created role of head of corporate development.
Most recently Vogelsong worked as marketing director at Westpac Private Bank.
Other positions held by Vogelsong include head of product development at the Australian Securities Exchange (ASX) where he was responsible for growing the listed products business.
He has also been a senior consultant to a number of leading multinationals including CMC Markets, Asteron, Lend Lease and Aequs - where he developed various strategic business development activities.
The PPM Growth portfolio beat the All Ordinaries Index by 10 per cent for the year to 30 June 2009. The PPM Growth and Income portfolio outperformed its benchmark by 7 per cent over the same period.
Company release
This story was found at: http://www.financialstandard.com.au/news/view/26791
Printed: Thursday, 9 September 2010 7:17pm