New boutique manager launches small-cap fund

8 May 2017
| By Oksana Patron |
image
image
expand image

Newly established Australian boutique fund manager, Lennox Capital Partners has launched its small-cap strategy, the Lennox Australian Small Companies Fund, which will target both retail and institutional investors.

The firm was established in March by founding principals, James Dougherty and Liam Donohue, who previously managed the Macquarie Australian Small Companies Fund.

It would be the latest boutique investment manager to be announced under Fidante Partners, the boutique funds arm of Challenger Limited.

According to Lennox, the fund would be seeded by its founders as well as Third Link Growth Fund, an Australian fund of funds founded by industry veteran Chris Cuffe.

The fund would be investing in “businesses with earnings that are forecastable and real”, with the approach aimed to offer investors protection from the volatility associated with small companies.

 “Investing in Australian small caps can offer the potential for strong returns from high quality and fast growing companies, in addition to diversification from traditional index heavy weights,” Donohue said.

“Our flagship small cap strategy offers long term investors a great opportunity to benefit from this vibrant and growing part of the Australian economy.”

The company’s investment approach would utilise both qualitative screening and in-depth fundamental research to identify investment opportunities.

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago