Netwealth adds First Sentier Australian strategy

By Penny Pryor

Netwealth has added First Sentier Investors' concentrated Australian equity strategy to its Netwealth's Global Specialist Series (GSS).

The First Sentier GSS Concentrated Australian Share Fund (the Fund) invests in an actively managed and concentrated portfolio of Australian  high-quality growth companies.

"The Netwealth GSS Concentrated Australian Share Fund seeks to identify companies with strong balance sheets and earnings growth. Our approach uses detailed modelling, stock research and fundamental analysis to understand each company's drivers of earnings growth and returns on invested capital. We believe this disciplined and structured process is able to deliver outperformance through the full investment cycle," First Sentier Investors, head of Australian equities, growth, Dushko Bajic, said.

Netwealth's GSS series of single sector funds is designed to provide advisers and investors with a range of building blocks to build an investment strategy.

"We looked carefully for a manager that could provide an active Australian equities strategy with focus on sustainable growth and outperformance. We are pleased to have selected First Sentier Investors based on their strong track record and proven investment approach," Netwealth joint managing director, Matt Heine (pictured), said.