Third Link in the news
Cuffe seeking funds for Third Link30 November 2010
In this article, Philippa Yelland from I&T News talks to Chris Cuffe giving an update on the Third Link Growth Fund and the amount donated so far to the non-profit sector through Social Ventures Australia. Read the full article here.
Cuffe charity fund tilts to growth assets
24 May 2010
In this article for the Financial Standard, Michael Hobbs reports on the latest changes to the asset allocation and investment manager line-up in the Third Link Growth Fund. Read the full article here .
The Australian Financial Review profiles the first year performance of the Third Link Growth Fund
9 June 2009
In the article 'Cuffe turns his hand to Philanthropy Inc', Emma Connors from the Australian Financial Review discusses how one of Australia's most successful leaders of the funds management industry has embarked on an altruistic tangent. Chris Cuffe, who transformed Colonial First State's start-up funds operation into a $5 billion investment vehicle with $70 billion under management, is once again in the business of trying to make investors richer. But this time his purpose is altruistic. Cuffe's latest venture, the Third Link Growth Fund, has just $28 million under management to date and finished its first year at the end of May down 13.5 per cent in what Cuffe described as a 'steeling experience'. This result delivered on Cuffe's promise to outperform the All Ordinaries Accumulation Index, which went backward by 30.6 per cent during the same period. Cuffe argues the fund is well positioned to produce competitive returns over time as a result of the approach it takes to asset allocation.
Market no sucker game now: Cuffe
9 June 2009
In his capacity as Investment Manager for the Third Link Growth Fund, Chris Cuffe talks to The Australian about his outlook for the market, concluding that the sharemarket does not appear to be in a 'sucker rally'. Read the full article by The Australian's Andrew Maine here.
Crisis curbs Cuffe charity fund
9 June 2009
In this edition of the Financial Standard, Michael Hobbs talks to Chris Cuffe, Investment Manager for the Third Link Growth Fund, about the fund's performance and his plans to grow the fund as markets recover. The article highlights the significant outperformance of the fund against its benchmark, across multiple periods. View the full article here.
Cuffe's philanthropic fund delivers solid results in first year
9 June 2009
Lucinda Beaman from Money Management reports on the first year performance of the Third Link Growth Fund, explaining the fund outperformed its index by more than 17 per cent. The fund was established last year to provide an income stream for Social Ventures Australia. View the full article here.
Lateline examines the Third Link Growth Fund's strong run in a tough market
16 October 2008
Chris Cuffe talks to Lateline Business about how he has re-entered the funds management game with a twist. All the management fees earned by his Third Link Growth Fund go to Social Ventures Australia.
Read the transcript or watch Chris Cuffe's Lateline interview with Phillip Lasker here.
Former CFS chief finds a new calling for funds
11 August 2008
Chris Cuffe's life today is very different to what it was when he was the busy chief executive of Colonial First State Investments, a job he left six years ago.
Today, he works a four-day week in a sector he was moved to be part of after listening to a speech by the chief executive of a charitable organisation.
'I was so moved', Mr Cuffe says. 'I thought ... if I did something similar, I could see it being a move from success to significance.'
So two years ago Mr Cuffe joined SVA and earlier this year he re-entered the hard-nosed financial world with a new managed fund, Third Link Growth Fund.
Read the full article at http://www.theaustralian.news.com.au/story/0,,24158135-20501,00.html.
Chris Cuffe joins former Russell boss on carbon fund board
29 July 2008
Chris Cuffe joins the former managing director of Russell Investment Group’s institutional business, Stephen Roberts, as non-executive director of Australian carbon fund arkx.
The arkx fund is one of the underlying managers in the Third Link Growth Fund. It has also donated 5 per cent of its equity to Social Ventures Australia, which will receive the bulk of the 1.4 per cent management fee Third Link will earn.
Read the Investment and Technology article by Simon Mumme.
Third Link profiled on ABC Radio National's Life Matters program
28 July 2008
Ethical investments have been around for a while and now we have investing for the social good.
Chris Cuffe, who used to manage money for some of the biggest fund managers in the business, spoke to ABC Radio National’s Life Matters program about how he’s turned those talents to the benefit of the non-profit sector.
In his latest effort he's been able to get 15 leading fund managers to forgo their usual fees, a move that will financially benefit both investors to the Third Link Growth Fund and Social Ventures Australia...
Listen to Chris Cuffe’s wide-ranging and instructive interview with Richard Aedy called 'Making Millions for Others'.
Chris Cuffe talks to The Sydney Morning Herald about how the Third Link Growth Fund provides sustainable funding for the non-profit sector
27 July 2008
The Third Link Growth Fund marks Chris Cuffe's re-entry to the managed funds business after six years away, during which time he has channelled his energies into his role as an executive director of SVA.
In a Sydney Morning Herald article written by Simon Hoyle, Chris explains his efforts to harness his knowledge of the funds management world to provide Social Ventures Australia, an independent non-profit organisation, with a source of relatively predictable income. Investors in the Third Link Growth Fund will pay a fee, as investors in all managed funds do, but because Cuffe has sourced many of the fund's services for free, it can channel its ‘profit’ back to SVA.
Chris has adopted a multi-manager structure for the fund to access several asset classes - including shares, fixed interest and ‘alternatives’ - and has tapped into who he believes are the best managers in each class. The fund's asset allocation - how investors' money will be spread among different types of investments - was determined after consultation with advisers to the fund.
Click here to read the article in its entirety.
The Third Link Growth Fund announces its underlying fund managers
21 July 2008
Chris Cuffe has convinced some of the best and brightest investment minds in the country to offer their services for a good cause. Mr Cuffe announced the names of the 17 underlying managers within Third Link Growth Fund, many of whom have agreed to work for free. Cumulatively they will potentially forgo more than $1 million in fees each year.
Read the Sydney Morning Herald article written by Adele Horin about this announcement.
Ex-Colonial chief returns to complete missing philanthropic link
17 June 2008
Teresa Ooi reports on the progress of the Third Link Growth Fund in The Australian. Click here to to read the entire article.
Managed Funds: From the heart
19 May 2008
In the May issue of Money magazine, Susan Hely profiles the Thrird Link Growth Fund. Writes Hely, 'If you don’t fancy your investment management fees going to pay for your fund manager’s lifestyle, there’s a fund that donates the fees to a non-profit organisation called Social Ventures Australia.'
To subscribe to Money magazine, go to http://money.ninemsn.com.au/money-magazine/.
John Collett looks at the Third Link Growth Fund in The Sydney Morning Herald
30 April 2008
In John Collett’s review of the Third Link Growth Fund in The Sydney Morning Herald's Money section, he looks at what the Fund is, how it works, the pros, the cons and where it fits into the investment landscape.
The Courier-Mail: Donated Services Help Charity Collect From Fund
21 April 2008
In Monday’s edition of Finance Money & You, reporter Erica Thompson outlines how ‘Australia’s first not-for-profit plans to donate $1.5 million annually to charity’. She explains how all of the Third Link Growth Fund’s management fees, after expenses, will go to Social Ventures Australia, an independent non-profit group. The Fund is headed by the former Chief Executive of Colonial First State, who will not receive financial benefit form the Fund. Thompson writes that Mr Cuffe has also recruited such industry veterans as QIC chief executive Doug McTaggert and Centric Wealth Advisors chief investment strategist Robert Keavney to provide free investment advice.
Penny Pryor checks out a growth fund that involves quite a bit of goodwill in The Sun-Herald
20 April 2008
Penny Pryor profiles Third Link in The Sun-Herald’s Product Watch section with her article ‘Mangers of New Fund to Work Free.’ Writes Pryor: ‘philanthropist and fund manager Chris Cuffe has combined two of his passions – investment and charity – in his new venture, Third Link Investment Managers.’
Click here to read the entire article...
The Sydney Morning Herald identifies the Third Link Growth Fund as a way to help make your charitable donations go further
19 – 20 April 2008
In the article ‘The Best Kind of Charity Begins with Good Advice’, reporter Simon Hoyle examines how, with a bit of careful planning, you can make your charitable donations go further. He highlights how the Third Link Growth Fund is one way to achieve this.
Click here to read the entire article…
Australian Financial Review’s Smart Money profiles Third Link
19 April 2008
Read the article abstract: ‘A brief rundown of the features of managed fund the Third Link Growth Fund, brainchild of former head of Colonial First State, Chris Cuffe. The fund, whose board works on a pro bono basis, donates its fees to support the non-profit sector. Third Link uses a strategy called fund of funds which is employed by other institutions such as MLC.’
Ethical Investor Magazine: Linking with the Third Sector
April 2008
In this month’s issue of Ethical Investor (on sale at newsstands now), Samantha Elley describes how the Third Link Growth Fund builds on Chris Cuffe’s funds management experience to support the non-profit sector. Write Elley, ‘With these skills Cuffe launched, on 10 April, the Third Link Growth Fund, something of a unique and pioneering concept in the philanthropy world… The uniqueness is highlighted when an investor realises that all fees received by Third Link Investment Managers (the managing company behind the fund – Cuffe is the sole director), net of expenses incurred, will go to support the non-profit sector.’
A Noble Venture for the Social Economy
18 April 2008
Click here to read what Egoli has to say about Third Link (article by Niraj Shah).
Third Link profiled on the ABC Inside Business program
13 April 2008
Stephen Letts reports on Chris Cuffe and the Third Link Growth Fund in Sunday's edition of Inside Business broadcast on the ABC.
To view the report or read a transcript, click here.
Chris Cuffe speaks to Fran Kelly on ABC Radio National's Breakfast program
11 April 2008
Chris Cuffe speaks to Fran Kelly on ABC Radio National's Breakfast program about the Third Link Growth Fund.
Click here to listen to the entire interview.
MoneyManagement.com.au profiles Third Link
11 April 2008
MoneyManagement.com.au profiles the Third Link Growth Fund in its article 'SVA steps up social investing' by Laine Lister.
To read the article, click here.
Financial Standard profiles the Third Link Growth Fund
11 April 2008
Click here to read the entire article 'Raising Stakes in Charity' by Michael Hobbs.
InvestorDaily profiles the Third Link Growth Fund
11 April 2008
Click here to read the entire article 'Chris Cuffe Launches Charity Fund' by Marta Wiacek.
Minter Ellison hosts the launch of the Third Link Growth Fund
10 April 2008
Minter Ellison hosted the launch of the Third Link Growth Fund at a cocktail event this evening. Around 100 business and community leaders attended to hear more about this unique and pioneering initiative. Distinguished presenters at the event included Stuart Johnson, Partner, Minter Ellison; David Cooper, Managing Director, Treasury Group; David S. Clarke AO, Chairman, Macquarie Group; Michael Traill, Chief Executive, Social Ventures Australia; and Chris Cuffe, Director, Third Link Investment Managers Pty Limited.
Guests of the Third Link launch event listen as Chris Cuffe explains the Third Link Growth Fund.
Treasury Group Investment Services Limited (ABN 38 099 932 920 AFSL 227326) is the responsible entity of the Fund and does not guarantee the performance of the Fund, repayment of capital or any particular rate of capital or income return. Investors should obtain independent investment and/or tax advice from a licenced adviser as to the suitability of the Fund to their investment needs. Please click here for further information.
