Launch of the Arminius Capital GMMA Fund and the Arminius Capital EMMA Fund
Evolution Trustees secures full ASIC licence to operate managed investment schemes
David Grbin appointed as the inaugural independent chairman of Evolution Trustees
Sandy Calder appointed as the inaugural independent director of Evolution Trustees
Wednesday 31 August 2016
Rupert Smoker, CEO Evolution Trustees
Evolution Trustees is pleased to announce the launch of two retail managed investment schemes with Brisbane-based investment manager Arminius Capital Management Pty Limited (Arminius Capital) on 1 September 2016.
The first fund, the Arminius Capital GMMA Fund invests in an underlying hedge fund that has exposure to a diversified portfolio of global asset classes using a market neutral approach. Arminius Capital intends for the fund to provide smooth positive returns with lower volatility and lower risk compared to a concentrated single market, asset class exposure.
The second fund, the Arminius Capital EMMA Fund seeks to achieve stable income with low volatility. Arminius Capital monitors the short term money market on a daily basis to source the highest yielding opportunities which are consistent with their requirements for safety (capital preservation) and liquidity.
For more details about Arminius Capital and the two funds, refer to www.arminiuscapital.com.au.
The launch of the two funds coincides with Evolution Trustees receiving an Australian Financial Services licence authorising it to operate registered and unregistered managed investment schemes, to act as a Managed Investment Trust (MIT) trustee and provide custodial services.
Evolution Trustees’ Chief Executive Officer Rupert Smoker said “Evolution Trustees aims to be recognised as the most adaptive, pragmatic and skilled trustee in Australia. Our people are at the centre of our business and we are enthusiastic about the opportunities that are emerging for corporate trustees in Australia, supporting both domestic and international clients”.
Evolution Trustees also welcomes the appointments of David Grbin (independent chairman) and Sandy Calder (independent director) to the board of Evolution Trustees Limited.
Mr Grbin was the former Chief Financial Officer and Group Executive, Corporate Clients at The Trust Company. He has significant corporate trustee experience and is currently the Chief Financial Officer of an ASX-listed company. Mr Grbin pioneered the development of a single regional corporate trustee offering across the capital markets of Australia, Singapore and New Zealand and, the development of managed investment trusts to facilitate significant foreign investment flows into Australian commercial property and infrastructure assets.
Mr Calder has deep experience in both public and private funds management with a specialisation in real estate. Since qualifying as a lawyer in 1988, Mr Calder has worked for a number of leading fund management houses, both in Australia and abroad. Mr Calder’s previous experience includes positions as Chief Operating Officer of RF Capital, Managing Director of Calibre Capital Limited, a property funds management business he co-founded in 2004, CEO of Principal Real Estate Investors (Australia) Limited managing a $2.2 billion real estate portfolio, Head of Property Securities and Head of Listed Property of Colonial First State Investment Managers (Australia) Limited, responsible for portfolios of property securities and assets of $1.2 billion and $1.7 billion respectively. Mr Calder has been a director of numerous real estate company boards including the boards of responsibility entities.
Mr Smoker said “we are extremely pleased to announce the appointments of David and Sandy to Evolution Trustee’s board. David and Sandy bring a wealth of industry experience and their representation on our board significantly strengthens the value proposition offered by Evolution Trustees.”