SG Hiscock launches global fund to ride the critical resources cycle
What's the deal? SG Hiscock & Company has launched the SGH ARI Resources Fund, a global equities strategy offering a concentrated portfolio of resource companies, including businesses often overlooked by broader resources strategies. It gives institutional, wholesale and family office investors exposure to gold, copper, uranium and critical minerals.
Why now? The launch arrives as the global economy enters what SG Hiscock calls one of the largest structural resource investment cycles in decades. "Artificial intelligence is increasing demand for electricity, grids and critical minerals," head of distribution Anthony Cochran said.
What's the endgame? The fund targets medium- to long-term capital growth, aiming to outperform the Bloomberg AusBond Bank Bill Index by 3% per annum over rolling five-year periods. It combines a top-down thematic process with bottom-up stock selection, seeking companies positioned to benefit from supply constraints and long-term macroeconomic trends.
Who's running it? The strategy will be managed by global resources specialist Stephen Gorenstein, who joined SG Hiscock in 2025 to build its dedicated global resources capability. He began his career at Rio TintoDealroom has a profile for this one. Try Dealroom → and has worked across geology, mining, investment banking, capital markets and funds management.
The signal: Cochran points to energy security spending, domestic manufacturing, rising defence budgets and industrial policy as forces intensifying competition for strategic resources. SG Hiscock is positioning the fund to capture that structural demand beyond traditional large-cap miners.
Read more: Financial Standard
Image credit: Murray Foubister
