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Bennelong Avoca fund gets three stars

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By Vishal Teckchandani
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1 minute read

Standard & Poor's Fund Services (S&P) has assigned a new three-star rating to the Bennelong Avoca Emerging Leaders Fund, a small-cap fund managed by Avoca Investment Management.

Avoca Investment Management is a dedicated small-cap boutique established in May 2011 by portfolio managers John Campbell and Jeremy Bendeich in partnership with Bennelong Funds Management.

The Avoca investment team consists of Campbell, Bendeich and analyst Michael Vidler, all of whom previously worked at UBS Global Asset Management.

"We consider the active, bottom-up, fundamental investment process to be robust," S&P fund analyst Tom Mills said.