BAEP launches new fund

new-fund/appointment/

3 July 2017
| By Oksana Patron |
image
image
expand image

Bennelong Australian Equity Partners (BAEP) has announced a September launch of its new Bennelong Emerging Companies Fund which will target both retail and wholesale investors.

According to the company, the new fund would be managed with the same investment approach as its existing Australian equity funds and would invest mostly in micro and small capitalisation stocks listed on the Australian Securities Exchange (ASX).

Also, BAEP has recruited a former Ausbil Investment Management’s analyst, Josh Clark to join the existing investment team, run by Mark East, in its management of the new fund.

The company also said that the new fund would also leverage “the benefits that come with approximately $6 billion of funds under management”, into a microcap offering.

Bennelong’s investment director, Julian Beaumonth, said: “The Bennelong Emerging Companies Fund represents a natural extension of BAEP’s current offering to clients.”

“In some respects, the new microcap fund will also support our existing funds.

“For example, it is likely to mean we discover up and coming opportunities, some of which may grow their way into a size suitable for investment in the large-cap funds.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago

TOP PERFORMING FUNDS