Sydney-based global value manager Avenir Capital has joined Fidante Partners’ stable of boutique fund managers.
Challenger's boutique funds management business, Fidante Partners, has recruited Australian-based global value manager Avenir Capital to its ranks.
Avenir Capital was founded by chief executive officer Adrian Warner in 2011. Mr Warner, who has a background in private equity investment in Australia, Asia and the US, personally manages the Avenir Value Fund.
The boutique manager specialises in fundamental, value-orientated and "special situation" investments in global equity markets.
"Its investment objective is to compound wealth for investors by investing in materially mispriced securities which can be bought with a large margin of safety and that offer the potential for superior returns with limited risk of permanent loss of capital," said a statement by Fidante Partners.
Fidante Partners general manager Nick Hamilton said Avenir Capital's "private equity heritage" provides the "foundation for long-term success".
"By combining Avenir’s investment capability with our Australian and international distribution channels, we are confident that the fund will continue to prosper over the coming years," Mr Hamilton said.
Read more:
Adviser standards bill passes lower house
Trump reforms to take longer than expected
Super objective bill ‘seriously deficient’: ISA
After much speculation, NAB has appointed its new chief executive following the departure of Andrew Thorburn. ...
Credit rating agency Fitch Ratings has changed its outlook on Westpac and ANZ from “stable” to “negative”, following APRA’s updat...
International investment group Mayfair 101 is launching a new brand to focus on Australian customers and provide diversified international i...
Get notifications in real-time for staying up to date with content that matters to you.
