Industry superannuation fund Cbus has appointed Kinetic Investment Partners to manage a small-cap mandate.
The mandate would invest in Australian small companies that had around $25 million in market capitalisation, Kinetic director Richard Sharp said.
"We are delighted to work with a high-quality client like Cbus and look forward to a long-term relationship with them," Sharp said.
The firm's clients are all institutional investors that have invested in segregated mandates with Kinetic.
Sharp said the outlook was positive for Australian small company stocks.
"Small-cap stocks in Australia are well positioned to benefit from the current market recovery," he said.
The firm has $400 million in funds under management.
