BT appoints Wellington Management as investment manager for a global equities mandate

Sydney, 12 June 2025: BT has appointed Wellington Management as the investment manager for their international equities mandate, providing investors access to an institutional grade global value strategy. This collaboration represents the first of several planned Australian product launches as BT refreshes its investment proposition for asset consultants, advisers, and their clients.   

Stuart Cadzow, Head of Investment Product Solutions at BT, said the relationship signifies a major milestone for BT. “The BT Wellington Global Opportunistic Value fund achieved a recommended rating by Zenith, showcasing the quality of the investment team and their process.  

“We are excited to give advisers access to a manager of the calibre of Wellington, one of the world’s largest independent investment management firms with a significant presence in the institutional market, including mandates with sovereign wealth funds, retail and industry superannuation funds. 

When allocating to active strategies, BT has received feedback from asset consultants and advisers that they are looking for investment options that solve for a particular need when constructing their portfolios. The unique investment philosophy and process of Wellington’s strategy has historically benefited from value style tailwinds, while also mitigating periods of value style headwinds via active stock selection.” 

“By leveraging BT’s product expertise and Wellington’s investment capabilities, our unitholders will benefit from access to an actively managed investment strategy that is typically reserved for institutional clients with a minimum of US $50 million at a competitive fee,” Mr Cadzow said. 

Caitlin Hollebone, Head of the Australian Office of Wellington Management, said the firm has been supporting Australian clients for almost 30 years and the launch of this strategy is an important milestone in the firm’s journey to expand the suite of investment strategies available to Australian wholesale and advised retail clients. 

“Wellington is the largest sub advisory firm globally, and we pride ourselves on being a trusted advisor and a strategic partner to our clients. We are delighted to be appointed as the investment manager for the BT Wellington Global Opportunistic Value fund, providing financial advisors and asset consultants access to our global contrarian value strategy,” Ms. Hollebone said.  

For more information, please visit: https://www.bt.com.au/professional/solutions/investments/bt-wellington-global-opportunistic-value-fund.html