Copia Investment Partners and HSBC Asset Management launch Global Infrastructure Equity Fund to Australian retail investors

Copia Investment Partners has announced an Australian distribution partnership with HSBC Asset Management (HSBC AM) to deliver the HSBC Global Infrastructure Equity Fund (the fund) to Australian retail investors, which has been available to institutional and wholesale HSBC clients globally since 2022.

The active fund aims to provide long term total returns and invests in a diversified portfolio of listed infrastructure assets across four sector verticals: Utilities, Energy, Transportation, and Communications.

The fund uses a bottom-up quality and valuation-based investment approach. The identification and analysis of a company’s ESG credentials is an integral part of the investment decision-making process.

As of 31 December 2023, the composite portfolio returned 11.7% per annum over five years (before fees, unhedged in USD). This compares to the Dow Jones Brookfield Global Infrastructure Index (unhedged and in USD) which returned 7.0% per annum.

Sam Baillieu, Chief Executive Officer of Copia Investment Partners, welcomed the partnership: “We are thrilled to partner with HSBC AM to deliver this strategy to Australian retail investors. This fund will have widespread appeal with investors seeking exposure to an investment strategy with long term capital growth that accounts for inflation. We are pleased to welcome a global infrastructure strategy to the Copia stable as we continue to offer advisers and their clients a versatile selection of quality strategies to meet the changing needs of investors,”.

The fund is managed by HSBC AM’s Listed Infrastructure Equity Team split across London and Sydney, led by London-based Giuseppe Corona, Head of Listed Real Assets, Alternatives.

“We are excited to expand this strategy to Australian retail investors, which has proven success with our institutional and wholesale clients. It’s great to be partnering with the Copia team who are experts in retail distribution in the local market,” said Mr Corona.

“From what we’re seeing, the infrastructure sector is at the beginning of a multi-decade investment cycle, due to secular trends such as digitalisation. We also have a solid investment team on the ground in Australia that are dedicated to delivering the best returns for clients,” he added.

The fund will be available to Australian retail investors through Copia Investment Partners’ Product Disclosure Statement application.

About HSBC Asset Management

HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects HSBC’s clients with investment opportunities around the world through an international network of offices in 23 countries and territories, delivering global capabilities with local market insight. As at 30 September 2023, HSBC Asset Management managed assets totalling US$662bn on behalf of its clients. For more information see http://www.global.assetmanagement.hsbc.com. HSBC Asset Management is the brand name for the asset management businesses of HSBC Holdings plc.

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DISCLAIMER

Past performance does not predict future returns. Composite inception date is at 31 July 2010. Data shown is expressed in USD (unhedged) as at 31 December 2023. Returns shown are gross of fees as applicable fees may vary depending on the investor class and account size. After the relevant management fee and other charges are applied potential returns will be reduced. The composite’s reference benchmark is the Dow Jones Brookfield Global Infrastructure Index. The Global Infrastructure Equity composite was previously managed by AMP Capital Global Listed Infrastructure investment team until 25 March 2022. AMP Capital Global Listed Infrastructure investment team was acquired by HSBC Asset Management on 28 March 2022. Up until 28 March 2022 – past performance was outside of HSBC Asset Management.

This information has been prepared by Copia Investment Partners Limited (AFSL 229316 , ABN 22 092 872 056), the Responsible Entity and issuer of the HSBC Global Infrastructure Equity Fund. This document provides information to help investors and their advisers assess the merits of investing in financial products. We strongly advise investors and their advisers to read information memoranda and product disclosure statements carefully and seek advice from qualified professionals where necessary. The information in this document does not constitute personal advice and does not take into account your personal objectives, financial situation or needs. It is therefore important that if you are considering investing in any financial products and services referred to in this document, you determine whether the relevant investment is suitable for your objectives, financial situation or needs. You should also consider seeking independent advice, particularly on taxation, retirement planning and investment risk tolerance from a suitably qualified professional before making an investment decision. Neither Copia Investment Partners Limited, nor any of our associates, guarantee or underwrite the success of any investments, the achievement of investment objectives, the payment of particular rates of return on investments or the repayment of capital. Copia Investment Partners Limited publishes information in this document that is, to the best of its knowledge, current at the time and Copia is not liable for any direct or indirect losses attributable to omissions from the document, information being out of date, inaccurate, incomplete or deficient in any other way. Investors and their advisers should make their own enquiries before making investment decisions. © 2024 Copia Investment Partners Ltd.