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
Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture.
Magellan Financial Group has reported its first half FY25 results while appointing a new chief financial officer and promoting Sophia Rahmani to chief executive.
Schroders Australia has launched two active ETFs and plans to further expand its listed range over the year ahead.
Platform Netwealth has reported its financial results for the first half of FY25, reporting an 80 per cent increase in net flows, with its CEO viewing a “huge opportunity” from private assets.
