- Portfolio Manager
United Kingdom, Professional
Change
This is a marketing communication. Please refer to the Fund Prospectus and KIID/KID and / or offering documents before making any final investment decisions. Please refer to the risks section at the bottom of this page.
Why invest?
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The portfolio construction challenge
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The solution: market-neutral equity alpha
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Why Wellington?
The portfolio construction challenge
Unstable correlations
Unstable stock/bond correlations mean investors may no longer rely on simply combining different asset classes for diversification.
Lower returns
In an environment of lower expected market returns, generating alpha may become increasingly important in closing the gap to required investor outcomes.
Alpha mismatch
The most compelling alpha opportunities may not be found in the same markets that investors’ portfolios are heavily exposed to.
The solution: market-neutral equity alpha
Targets consistent returns
Seeking to deliver a smooth, steady and differentiated return profile, harnessing individual stock alpha and rigorously mitigating market and factor risks.
Uncorrelated return profile
Aiming for portfolio outcomes to be driven by stock-specific performance with low correlations to broader equity markets, fixed income markets, and commodities.
Fundamental alpha engine
Curating a line-up of high-conviction, complementary Wellington equity specialists, combined with index and factor hedges to isolate pure alpha from individual stock selection.
Why Wellington?
Fund Overview
The Wellington Absolute Return Global Equity Fund is designed as a market-neutral, multi-manager equity fund seeking to deliver stable, stock-driven returns with low sensitivity to broad global equities. The Fund seeks absolute returns in excess of cash (represented by the ICE Bank of America 3-Month T-Bill Index), by primarily investing in a diversified portfolio of companies globally, whilst hedging market exposure.
Meet the Managers
- Portfolio Manager
Seeking returns independent of market betas
In a new economic era, portfolios need diversifying return streams which are truly market neutral, find out more about the challenge investors face and the potential solution of seeking alpha through a market-neutral, multi-manager strategy.
Contact us
- Head of UK and Irish Distribution
- Portfolio Advisor
- Porfolio Advisor
- Relationship Manager
- Relationship Analyst
- Relationship Analyst
Consider the risks
Investors should consider the risks that may impact their capital, before investing. The value of your investment may fluctuate from the time of the original investment. Please refer to the risks section enclosed. A decision to invest should take account of all the characteristics and objectives described in the Fund offering documents.
Investment risks
CAPITAL: Investment markets are subject to economic, regulatory, market sentiment and political risks. All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment. The strategy may experience a high volatility from time to time. | CURRENCY: The value of the strategy may be affected by changes in currency exchange rates. Unhedged currency risk may subject the strategy to significant volatility. | DERIVATIVES: Specific risks such as operational issues, complexity, and valuation may be linked to the possible use of derivatives. | DERIVATIVES (MKT): Derivatives may provide more market exposure than the money paid or deposited when the transaction is entered into (sometimes referred to as Leverage). Market movements can therefore result in a loss exceeding the original amount invested. Derivates may be difficult to value. Derivates may also be used for efficient risk and portfolio management, but there may be some mismatch in exposure when derivatives are used as hedges. | EMERGING MARKETS: Emerging markets may be subject to custodial and political risks, and volatility. Investment in foreign currency entails exchange risks. | EQUITIES: Investments may be volatile and may fluctuate according to market conditions, the performance of individual companies and that of the broader equity market. | HEDGING: Any hedging strategy using derivatives may not achieve a perfect hedge. | LEVERAGE: The use of leverage can provide more market exposure than the money paid or deposited when the transaction is entered into. Losses may therefore exceed the original amount invested. | LIQUIDITY: The strategy may invest in securities that are less liquid and may be more difficult to buy or sell in a timely fashion and/or at fair value. Sub-investment grade fixed income instruments can suddenly become illiquid in case of market crash. | MANAGER: Investment performance depends on the investment management team and their investment strategies. If the strategies do not perform as expected, if opportunities to implement them do not arise, or if the team does not implement its investment strategies successfully; then a strategy may underperform or experience losses. | QUANTITATIVE MODELS/SYSTEMS: The strategy uses quantitative investment models in the management of this investment strategy. Assumptions employed in the models used could over time prove to be incorrect which may have a negative impact on the investment performance. | SHORT SELLING: A short sale exposes the strategy to the risk of an increase in market price of a security sold short; this could result in a theoretically unlimited loss. | SUSTAINABILITY: A Sustainability Risk can be defined as an environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of an investment.
PLEASE REFER TO THE FUND PROSPECTUS AND KIID/KID FOR A FULL LIST OF RISK FACTORS AND PRE-INVESTMENT DISCLOSURES.