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
The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opportunities.
The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to increase investment into its services for Australian wealth practices.
Platinum Asset Management and VanEck have both announced name changes to multiple of their ETFs to clarify their complexity.
Active ETFs are gaining traction in Asia-Pacific as wealth managers seek to blend the low-cost fees of passive with active management.
