Boutique manager secures ratings upgrade
A review of OC Funds Management's OC Premium Small Companies Fund, has seen Lonsec give the fund its highest rating.
The boutique funds manager holds $500 million in funds under management, which OC Funds Management head of investments, Robert Frost, said was combined with a scalable strategy which make it capable of managing more for new and existing investors.
In its recent report, Lonsec noted the fund represented "an appealing combination of a specialist small-cap team led by a highly experienced and motivated portfolio manager applying a tailored company research approach which has translated to an impressive performance record".
While Copia Investment Partners chief executive, Sam Baillieu, OC's distribution partner described the Lonsec's decision to upgrade the fund to "highly recommended", as "a fantastic, well-deserved result and a positive endorsement" of the team.
"It is a testament to their proven process and strong long-term track record," he said.
Recommended for you
BlackRock has taken a $25 million stake in Generation Development Group as the two firms announce a strategic alliance to design and distribute tailored retirement solutions.
The global asset manager is launching its second alternatives fund for Australian wealth clients, focusing on private equity investment opportunities.
Trading platform Selfwealth has officially delisted from the ASX, marking the final step of Svava’s acquisition plans as it implements a scheme of arrangement.
US alternative credit manager Apollo Global Management is viewing Australia as a “priority market”, as it launches a fund for Australian wholesale investors with Channel Capital.
