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
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.
