News

24 May 2024 - Pella Funds Management (‘Pella’) is proud to announce it is now a Certified B Corporation, a prestigious designation that evaluates a company's overall social and environmental performance. Pella's commitment to lead with purpose and integrity is reflected in this certification, underscoring its role as a leader in responsible investing. The B Corporation certification is globally recognized as the premier mark of accountability, measuring a company's impact on its workers, customers, community, and the environment. This rigorous assessment ensures that certified companies meet the highest standards of verified performance. Pella's Managing Director & Investment Analyst said, “Obtaining the B Corporation certification has been an extensive and thorough process, demonstrating the credibility of that certification. Pella is extremely proud to be part of the B Corporation community and actively demonstrating the behavior we seek from our investments.” With this certification, Pella joins a global community of over 3,500 businesses that are committed to balancing profit and purpose. As a certified B Corporation, Pella is required to consider the impact of its decisions on all stakeholders, reinforcing its dedication to transparency and ethical business practices. The certification highlights Pella’s ongoing mission to help investors thrive at no cost to current or future generations.

8 April 2024 – In a significant move to enhance investor accessibility and convenience, Pella Funds Management announces that the Pella Global Generations Fund is now available on Praemium, a leading wealth management platform. This collaboration marks a pivotal step in broadening the Fund's investor reach and underscores its robust investment credentials. Praemium serves over 1,000 financial institutions and advisor businesses worldwide, supporting more than 300,000 investor accounts. By leveraging Praemium's extensive network and its partnerships with financial advisors and institutions, the Pella Global Generations Fund is set to significantly benefit from an expanded distribution channel, making it more accessible to a wider array of investors seeking sustainable investment opportunities. Joy Yacoub, Head of Distribution at Pella, expressed enthusiasm about the partnership, stating, "Pella seeks to make the Pella Global Generations Fund easily accessible for our investors. The inclusion on Praemium as a distribution platform is a strategic step towards achieving that goal. It not only demonstrates growing demand for the fund but also enhances investor convenience. This initiative is part of Pella’s commitment to providing innovative and responsible investment solutions, making it easier for investors to engage with their investments and contribute to a sustainable future.

2 April 2024 – Pella Funds Management proudly announces the addition of Franklin Nnodi to their team as a Business Development Associate. This strategic hire underscores Pella's commitment to expanding its market presence and enhancing its business development efforts to support ongoing growth. Franklin will be responsible for identifying and leveraging new business opportunities and will be instrumental in driving Pella’s expansion initiatives. Joy Yacoub, Head of Distribution at Pella Funds Management, expressed enthusiasm about Franklin's appointment, stating, "We are extremely pleased that Franklin has joined us. His arrival is timely as we continue to strengthen our business development capabilities. Franklin’s dynamic approach and entrepreneurial attitude are key assets that will support Pella’s ongoing growth." Pella Funds Management is confident that Franklin Nnodi's contributions will be vital to the organization's success and looks forward to the positive impact his involvement will bring.

30 November 2023 – Pella Funds Management celebrates a landmark achievement as its Pella Global Generations Fund receives a recommended rating and claims the top spot in the Sustainable/Ethical category of Zenith Investment Partners’ 2023 International Shares sector review. Zenith Investment Partners, a cornerstone of the Australian financial services industry, provides financial advisors with crucial research, ratings, and tools needed to make well-informed decisions for their clients. Their mission to protect investors’ financial wellbeing and improve the overall investor experience through better resources positions them as a pivotal figure in investment research and managed account solutions in Australia. Jordan Cvetanovski, Chief Investment Officer at Pella Funds Management, expressed immense pride in the recognition, stating, “Pella is incredibly proud of the rating and ranking the Pella Global Generations fund received from Zenith. As a leading investment research firm, Zenith's recognition is a testament to Pella’s hard work, dedication, and disciplined approach to investing and business operations.” This prestigious accolade from Zenith Investment Partners not only underscores the Pella Global Generations Fund's commitment to sustainable and ethical investing but also highlights Pella Funds Management’s prominence in delivering exceptional investment opportunities and outcomes.

16 November 2023 – Pella Funds Management proudly announces its outstanding performance in the 2023 UN Principles for Responsible Investment (UNPRI) Transparency Report and Assessment Report. Demonstrating a strong commitment to responsible investment principles, Pella achieved an impressive four out of five stars across all evaluated modules. The results of both the Transparency Report and Assessment Report are now publicly accessible, underscoring Pella's dedication to transparency and accountability in its investment practices. Interested parties are encouraged to visit Pella’s website, www.pellafunds.com, and navigate to the Sustainability section to review the reports in detail. Steven Glass, Managing Director of Pella Funds Management, expressed his satisfaction with the company's performance, stating, “Pella is extremely pleased with the results of the UNPRI report. Achieving strong scores across the board is a testament to our unwavering commitment to responsible investment. These results reinforce our dedication to integrating sustainable and ethical considerations into our investment decision-making processes.” This recognition from the UNPRI highlights Pella Funds Management’s leadership in responsible investment and its ongoing efforts to contribute positively to global sustainability challenges.

9 November 2023 – Pella Funds Management is thrilled to announce that the Pella Global Generations Fund is now available on BT Panorama, expanding access to both self-directed investors and those working with financial advisors. This strategic move aligns with Pella’s commitment to providing flexible and convenient investment options to its clients. BT Panorama, a leading investment platform, boasts over 251,000 active accounts and more than 6,100 active financial advisors, offering a wide range of investment choices and tools designed to suit the varying needs of investors. The inclusion of the Pella Global Generations Fund on BT Panorama significantly enhances the accessibility of this innovative fund, allowing more investors to participate in its unique investment opportunities. Joy Yacoub, Head of Distribution at Pella Funds Management, expressed her enthusiasm about the collaboration: “Pella aims to make it as easy as possible for our clients to access the Pella Global Generations Fund. The inclusion on BT Panorama makes it easier than ever for investors to engage with our fund, reinforcing our dedication to providing top-tier investment solutions.” This partnership marks a significant milestone for Pella Funds Management, further demonstrating its dedication to expanding its reach and making its funds more accessible to a broader audience.

30 October 2023 – Pella Funds Management is excited to announce the addition of Ryan Jiang to its investment team, taking on the role of Investment Analyst & Trader. This new appointment is part of Pella’s ongoing effort to enhance its investment analysis and trading efficiency. Ryan brings a fresh perspective and a dynamic approach to Pella, armed with analytical skills and a keen market intuition. His role will encompass a broad range of responsibilities, from market analysis to the execution of trading strategies. Jordan Cvetanovski, Chief Investment Officer at Pella Funds Management, welcomed Ryan, stating, “Ryan is a welcome addition to our team, and we eagerly anticipate the contributions he will make across our investment process.” Pella Funds Management believes that Ryan’s appointment signifies a step forward in its commitment to delivering superior investment results and maintaining a competitive edge in the market.

29 September 2023 – Pella Funds Management announces the launch of Connexian, an innovative online solution designed to simplify the investment application process. This cutting-edge platform addresses the complexity and time-consuming nature of meeting compliance requirements for investment applications, revolutionizing the way investors access Pella’s funds. With Connexian, completing investment applications has become a quick and hassle-free process, requiring only minutes as opposed to hours, and completely eliminating the need for printing documents. This significant improvement makes it easier than ever for investors to directly access Pella’s diverse portfolio of funds, streamlining their journey towards investment. Joy Yacoub, Pella’s Head of Distribution, shared her enthusiasm about the new system: “Pella is excited to introduce Connexian as a solution to the longstanding challenges and difficulties associated with completing investment forms. This innovation is a testament to our commitment to providing superior service and enhancing the overall experience for our clients.” This initiative is part of Pella Funds Management's ongoing efforts to leverage technology to offer more efficient, user-friendly services to its clients, reinforcing its dedication to excellence in client service.

18 September 2023 – Pella Funds Management has been distinguished as a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA), positioning the firm in the top quintile of investment managers within RIAA’s research universe. This prestigious recognition underscores Pella’s unwavering commitment to responsible investment practices and its success in integrating these strategies to achieve long-term outperformance. The RIAA’s designation of Pella Funds Management highlights the firm’s excellence in responsible investing, reflecting its deep commitment to ethical, sustainable, and socially responsible investment principles. This achievement not only honours Pella’s dedication to creating positive impact through investments but also sets a benchmark for excellence in the industry. Steven Glass, Managing Director of Pella Funds Management, expressed his pride in the recognition: “We are incredibly proud to be recognized as a Responsible Investment Leader by the RIAA. This accolade is a testament to our team’s hard work and dedication to integrating responsible investing principles into our strategies, which we believe are crucial for long-term success. We remain committed to leading the way in responsible investing and delivering sustainable value to our investors.” This acknowledgment by the RIAA is a significant milestone for Pella Funds Management, reinforcing its position as a leader in the responsible investment space.

With help from Pangolin Associates, Pella Funds Management (Pella) purchased carbon credits in Rimba Raya to offset Pella’s FY23 carbon footprint. This initiative, along with Pella’s commitment to create investment portfolios with lower carbon intensity to their benchmark, speak to Pella’s mission to help investors thrive at no cost to current or future generations. There remains a lot of work to be done and Pella looks forward to taking further actions to deliver on its mission. Pella’s Managing Director & Investment Analyst, Steven Glass, commented “Pella is proud to offset our FY23 carbon footprint and to contribute to the Rimba Raya project, which is one of the world’s premier carbon credit projects and contributes to all 17 United Nations Sustainable Development Goals. We would also like to express a special thank you Pangolin, for its exceptional work on the project.”

In FY23, the Pella Global Generations Fund-Class B delivered 25.2%. According to Morningstar data, this placed the fund in the top ten global equity funds available in Australia during that period. Pella's three aims are to outperform its benchmark, MSCI ACWI, with lower volatility and superior sustainability. It is satisfying to see Pella's investment team delivering on these objectives providing investors a smoother journey to outperformance. Pella’s Chairman & CIO, Jordan Cvetanovski, commented “I am pleased with our outcomes during FY23, but perhaps even more pleased by the way they were delivered. The team remained laser focused on our process, and we delivered the returns without being drawn into the popular extremely expensive and, in our opinion, risky companies that drove the markets higher. Staying committed to this discipline has served us well over time.”

Pella Funds Management (Pella) published its FY23 Responsible Investing Report. The intention of this report is to provide stakeholders with clear, precise, and useful insights into our Responsible Investing (RI) performance. The report’s “Letter to Stakeholders” provides insight into what Pella, as a company, is doing to practice what it preaches, and the rest of the report provides insight into the sustainability outcomes of Pella’s investment activities. Pella’s Head of Distribution, Joy Yacoub, commented “the annual Responsible Investment Report is an important document that we encourage our stakeholders to read. We hope the report brings about honest consideration and lively debate of Pella’s responsible investing performance while providing Pella with a platform to express its own performance assessment and targets. We hope this report enables honest consideration and lively debate of Pella's responsible investing performance and we encourage feedback.”

SYDNEY, Australia - Pella Funds Management (Pella) is thrilled to announce that the Pella Global Securities Sustainable Fund (PGSS) has launched in Europe in collaboration with Universal Investment and CAPinside. The PGSS Fund applies the same strategy as the Pella Global Generations Fund in Australia. The strategy was founded in 2005 by Pella’s CIO, Jordan Cvetanovski, and has consistently delivered on its objectives across various market environments over the last 17 years. Pella’s Chairman and CIO, Jordan Cvetanovski, expressed that “this is an exciting time for Pella. Having previously managed funds in Europe, I understand how this unique investment strategy benefits investors who are seeking consistency in returns, less volatility and require superior sustainability. We are incredibly pleased with our choice in partners because we know the importance of having passionate people who share the same vision. Universal Investment and CAPinside are market leaders and I am confident that their distribution and administration capabilities combined with Pella’s proven investment process will result in the Pella Global Securities Sustainable Fund achieving remarkable success.” Universal Investment Director of Sales, Dirk Grossham, shared “Congratulations Pella and team for the launch of your European UCITS fund in Luxembourg. Universal Investment, as one of the leading European administration platforms with €950Bn in Assets Under Administration, is proud to welcome Pella as our first Australian asset manager on our UCITS platform. We are looking forward to a long term and successful partnership. Thank you for your trust and all your efforts in jointly setting up the fund. “ Alexander Krebs, Chief Sales Officer of CAPinside added “On behalf of CAPinside, I am excited to introduce Pella Funds Management to the German market and add an opportunity to German investors with an exciting global ESG investment strategy. The passionate approach of Jordan Cvetanovski and his team will definitely excite the German investment community.” We look forward to making this strategy, which has benefited many Australian investors, accessible to the European market.

Pella Funds Management (Pella) is thrilled to share that the Pella Global Generations Fund (PGGF) received a Recommended rating from Zenith Investment Partners. As one of Australia’s leading fund research organizations, Zenith’s rating is a strong endorsement of the of the PGGF. Joy Yacoub, Pella’s Head of Distribution, commented that “Pella is extremely pleased with the outcome of the review, which is testament to the quality of the investment team and investment process. We are excited about the opportunities it will open for the Fund, and we look forward to a long working relationship with Zenith and those who subscribe to their research and consulting”.

The Pella Global Generations is now available on the Macquarie Wrap investment platform, which is one of Australia’s leading investment platforms. Pella’s Head of Distribution, Joy Yacoub, commented that “Pella is extremely pleased for the Pella Global Generations Fund to be available on Macquarie Wrap, as this will broaden the accessibility to more people seeking a fund with a unique three-pronged mandate of delivering superior returns to the market, with lower volatility than the market, and superior sustainability to the market.”

Pella Funds Management (Pella) is proud to share that the Pella Global Generations Fund has been certified under RIAA's Responsible Investment Certification Program distinguishing quality responsible, ethical and impact investment products and services in Australia and New Zealand. Pella’s Managing Director & Investment Analyst, Steven Glass, commented that “Pella is thrilled that its efforts in the area of responsible investing have been recognised by RIAA, which is an organization at the vanguard of the responsible investing community.”

The Pella Global Generations Fund is now available on the Hub24 investment platform, which is one of Australia’s leading investment platforms. Pella’s Head of Distribution, Joy Yacoub, commented that “Pella is extremely pleased for the Pella Global Generations Fund to be available on Hub24, as this will broaden the accessibility to more people seeking a fund with a unique three-pronged mandate of delivering superior returns to the market, with lower volatility than the market, and superior sustainability to the market.”

Pella Funds Management (Pella) wrote to all the companies in the Pella Global Generations Fund (PGGF) to encourage them to prepare letters of support for the International Accreditation Forum’s (IAF) initiative to require all certification bodies to upload all certificates to a central global database. Pella believes this initiative would help reduce the incidents of fraudulent certifications and improve the transparency of supply chains, reducing abuses that might occur within them.

The Pella Funds Management (Pella) team volunteered at Thread Together. Thread Together is one of Australia’s leading organisations dedicated to recycling fashion. Its work is incredibly important as it diverts clothing from landfills to those in need. Pella’s Managing Director & Investment Analyst, Steven Glass, commented that “Pella is extremely appreciative for Thread Together hosting us and leading the way in the creation of an ethical response to fashion excess. We look forward to continuing working with Thread Together for many years to come.”

Pella Funds Management (Pella) has become a signatory to the United Nations Principles for Responsible Investment (UNPRI). The UNPRI is an international network of investors working together to implement six aspirational Responsible Investing principles. Pella is pleased to be part of this initiative as it believes the managers of investment capital are often in the driver’s seat to implement the requisite changes to create a better world for us, and future generations.

Pella Funds Management (Pella) wrote to all the companies in the Pella Global Generations Fund (PGGF) that were not currently signatories to the United Nations Global Compact (UNGC). The UNGC is a non-binding UN initiative to encourage businesses to adopt sustainable and socially responsible policies, and report on their implementation. Pella believes that the first step for businesses to adopt those practices is to become signatories of the UNGC and we intend to be a catalyst for the PGGF’s investee companies to do so.

1 January 2022 was the official launch of Pella’s flagship fund, the Pella Global Generations Fund, in the Australasian market. Chairman and CIO, Jordan Cvetanovski, commented “today is a momentous day for Pella Funds Management and the entire team is energised and excited to offer this fund to market. While the Pella Global Generations Fund is a new offering the strategy and process it employs are tenured and we look to the future with confidence and optimism”.

The Pella Global Generations Fund has been rated Superior (four stars) by SQM Research. SQM is one of Australia’s leading investment research houses and Pella takes their assessment extremely seriously and is pleased to receive a strong score from SQM.

Pella Funds Management is delighted to announce that Debbie Alliston has joined its Advisory Board. Ms. Alliston brings a wealth of experience having recently retired from her role as CIO Multi Asset Group & Head of Portfolio Management, AMP Capital. Pella’s Managing Director & Analyst, Steven Glass, commented that “Debbie is a highly qualified executive with a demonstrable track-record of success and Pella looks forward to working with her.”

Pella Funds Management (Pella) has become a signatory to the United Nations Global Compact (UNGC). The UNGC is a non-binding UN initiative to encourage businesses to adopt sustainable and socially responsible policies, and report on their implementation. Pella believes that the first step for businesses to adopt those practices is to become signatories of the UNGC. Following our participation in the UNGC, Pella will actively seek its investments to also participate in the initiative.

On 25 October 2021 Pella commenced offering Institutional Units in the Pella Global Generations Fund on a limited basis. Chairman and CIO, Jordan Cvetanovski, commented "this is an exciting day for me personally and the Pella team more generally". The Pella Global Generations Fund uses the same strategy that Mr. Cvetanovski has used since 2004 and has consistently delivered strong results with low volatility.

Pella Funds Management ("Pella") is thrilled to announce that Dr. Ian Woods has joined its Advisory Board. Dr. Woods brings over 20-years of experience across ESG and Sustainable Investment. His prior roles include Co-Head of Sustainable Investment, AMP Capital, and Deputy Chair, Investor Group on Climate Change (Australia/NZ), and is currently a Member of the Coordinating Working Group, Australian Sustainable Finance Initiative, and a Member of the Chronos Expert Sustainability Network. Pella's Managing Director & Analyst, Steven Glass, commented "Pella is very excited that Dr. Woods has joined our Advisory Board and we look forward to benefiting from his expertise across sustainability issues".

Pella Funds Management is delighted to announce that professor of economics at the University of Chicago, Greg Kaplan, has joined Pella's Advisory Board. Professor Kaplan's research encompasses macroeconomics, labour economics and applied microeconomics. In addition, Professor Kaplan is an editor of the Journal of Political Economy, a Research Associate at the National Bureau of Economic Research, a Research Fellow at the Institute for Fiscal Studies, and an economic consultant at the Federal Reserve Bank of Chicago. Pella's Managing Director & Analyst, Steven Glass, expressed that "Pella is delighted to welcome Professor Kaplan and we look forward to benefiting from his intellect and experience."