Opis Capital goes retail with big cap fund
Boutique fund manager Opis Capital will launch its existing big cap fund for professional investors on the retail market next month, and has appointed a new dedicated investment manager.
Former ABN AMRO retail analyst James Casey will run the fund in conjunction with Opis executive director Dean Fergie, who is also portfolio manager within the Opis investment team.
Fergie said an additional big cap specialist would be appointed within six months to provide a dedicated big cap team for the fund, which is one of four Opis funds.
As well as the big cap fund, the boutique also offers the Opis Capital Premium Equity Fund, the OC Dynamic Equity Fund, and a concentrated fund, which is a “bit like a hedge fund”, he said.
“Relaunching our big cap fund on the retail market after three years as a fund for professional investors exclusively will round off our portfolio offering with funds across the risk spectrum.
“We now offer a fairly conservative, fairly diversified big cap fund, two small to medium cap industrial funds that have an absolute focus and are a little bit high risk, and then we have the concentrated fund.”
AUTHOR
Recommended for you
A former AMP adviser told the Federal Court how they are scared to turn off their phone after a fellow adviser attempted suicide as Justice McElwaine said the 92 objections “weighed heavily” on his mind.
Providence Wealth Advisory Group has appointed a new chief investment officer, a dedicated position after the role was previously held by its CEO.
While hiring new staff in a financial advice practice inevitably incurs expenses, Striver’s Alisdair Barr says the greater business cost can come from losing the skills of a valuable team member.
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
