Lennox small cap fund gets ‘recommended’ rating
Lennox Capital Partners has received a ‘recommended’ rating for its recently launched Australian Small Companies fund from Zenith Investment Partners.
Zenith said that it had “a high regard for the senior members of the investment team given their experience and track record of out-performance”.
The fund, which was launched in May, aims to provide investors with exposure to a high-quality portfolio of Australian smaller companies by employing bottom-up research effort to identify mispriced securities.
Lennox was established in March this year, in conjunction with Fidante Partners, as a boutique funds management business and division of Challenger Limited and is run by James Dougherty and Liam Donohue, who were long-time portfolio managers of the Macquarie Australia Small Company and Micro cap funds.
“We have received a strong level of interest since the launch and with this rating hope to maintain that momentum,” Dougherty said.
AUTHOR
Oksana Patron
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
