Montgomery launches small cap fund
Montgomery Investment Management has launched its first small companies funds under a new joint venture that will see fund managers, Gary Rollo and Dominic Rose, join the firm.
The fund, which would be actively managed and would have the minimum initial investment of $25,000, would invest in a high conviction portfolio of typically 30 to 50 small companies listed across Australia and New Zealand, with a focus on pre-IPO opportunities.
The firm said that although this asset class offered exceptional growth opportunities it often remained under-researched by brokers.
“We’re very excited about the small companies arena, having lived it for years now,” Rollo said.
“Smaller companies often have exceptional growth prospects but are under-researched by brokers. That can create great opportunities to buy in at sensible prices for those with the time and expertise to learn about them.”
Montgomery said that between them, Rollo and Rose, held portfolio management and research roles at Renaissance Asset Management, Morgan Stanley, JP Morgan and Deutsche Bank, focusing on small-cap and tech companies.
Over the past there years, the pair managed the MOHR Australian Small Cap Fund.
AUTHOR
Oksana Patron
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.
