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14 October 2025 by Olivia Grace-Curran

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Chair for NAOS emerging companies fund announced

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Investment firm NAOS Asset Management (NAOS) has appointed David Rickards as independent chairman of the Company's new investment fund, the NAOS Emerging Opportunities Company Limited.

 Mr Rickards has over 25 years' equity markets experience and was previously executive director at Macquarie Group, where he was head of research and strategy globally. 

He is also a former consultant for the financial analysis firm Barra International and was responsible for their entry into the Australian marketplace.
 
Sebastian Evans, NAOS Asset Management fund manager, said the new fund has been established to provide investors with high quality, transparent and concentrated exposure to emerging companies listed outside the S&P/ASX 100 Accumulation Index.

"It presents an exciting opportunity to generate risk-adjusted returns in the emerging company space," Mr Evans said. "Mr Rickards' market and leadership experience will be integral to the success of the fund."