OC Funds Management has been awarded a mandate for its micro-cap strategy following a ‘recommended’ rating from two research houses.
The strategy awarded by multi-manager Alpha Fund Managers aims to deliver investors strong long-term capital growth by investing in Australian and New Zealand companies with a market cap of less than $350 million, according to a statement.
Research houses Zenith and Lonsec recently gave the OC strategy a ‘Recommended’ rating before Alpha awarded the mandate.
OC head of investments Robert Frost said the equities manager is delighted to be awarded the mandate by Alpha after extensive due diligence.
“We look forward to working with Alpha and giving their clients access to a range of compelling companies at the smaller end of the market,” Mr Frost said.
Alpha portfolio manager Julien Brodie added, “We were attracted to OC’s micro-cap strategy because of the calibre and experience of the investment team, its proven ability to outperform and propensity for lower downside capture, which resonates with our investment philosophy.”