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Centric awards $50m mandate

Centric awards $50m mandate

Findex Group subsidiary Centric Wealth has awarded a $50 million mandate as part of a restructure of its global equity portfolio.


US-based firm Maverick Capital has been awarded the allocation based on the company’s “expertise and stability”.

“Maverick … are an excellent fit with other international equities firms in our suite of preferred products,” said  Findex chief investment officer Kieran Canavan.

Mr Canavan said the mandate allows Centric clients to access Maverick with a much smaller initial investment.

“Investors can access Maverick via Centric Wealth with a minimum initial investment of $5,000.

“We are committed to providing the best outcome for our clients by offering investment options that are selected after extensive due diligence and a rigorous selection process by our investment committee, which includes highly experienced independent members,” he said.

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