Firetrail makes portfolio manager promotion
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Asset manager Firetrail Investments has appointed Oscar Hutchinson as a portfolio manager.
Hutchinson entered the firm in 2022 as a global equity analyst.
He will now join James Miller, Justin Gray and Patrick Hodgens in the portfolio management team on the $23 million Firetrail S3 Global Opportunities Fund.
Prior to joining Firetrail, Hutchinson worked as a portfolio manager at Anacacia Capital and spent seven years at Fidelity.
In total, there are eight portfolio managers at the firm across a variety of funds. As well as the S3 fund, Firetrail also manages Australian High Conviction, Australian Small Companies, Absolute Return funds.
Hodgens said: “Oscar is deeply passionate about investing, global markets and adding value for clients. All attributes we look for in our people at Firetrail. His appointment demonstrates Firetrail’s commitment to growing intellectual capital and rewarding excellence within the business.”
Commenting on his appointment, Hutchinson said: “Firetrail’s high conviction, concentrated approach to equity investing and mission to deliver outstanding performance for clients has resonated with me since my first day in the company. It has been a stimulating journey thus far and I am excited to extend my responsibilities while continuing to search for outstanding opportunities in global markets.”
The S3 Global Opportunities Fund is available as a managed fund and an active ETF. The managed fund version has returned 24.2 per cent over one year to 31 August versus returns of 22.3 per cent by the MSCI World Index.
It invests in four key thematics: health and wellbeing, innovation and equality, climate impact and a sustainable world.
It seeks to offer a high conviction, concentrated portfolio of 30 stocks from both developed and emerging markets.
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