POWERED BY MOMENTUM MEDIA
Tyndall awards $80m to Karara
Karara Capital Limited has been awarded an $80 million Australian small companies mandate by the Tyndall AM multi-manager team.
The Karara Australian small companies strategy was implemented in the Tyndall AM portfolio as part of a repositioning of an existing Australian equity fund managed by Tyndall.
Ken Ostergaard, head of Tyndall's multi-manager business, said the launch of its $700 million Australian equities strategy had grown the multi-manager business to almost $2 billion.
"We have high conviction in our manager selection and Karara has been appointed as our sole Australian small companies manager, complementing our other three managers extremely well," he said.
Investors can access the strategy via the Ironbark Karara Australian Small Companies Fund, one of two Ironbark funds Karara acts as investment manager for.
Ironbark chief executive Chris Larsen said Karara's style of investment management and its approach had been key to the appointment.
"With an experienced and well resourced investment team specialising in Australian equities, Karara have a consistent record of adding value to investors' portfolios in various market conditions for over 25 years."
He said since the launch of the Australian small companies strategy it had won a number of significant mandates.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australian superannuation funds have slightly lifted their hedge ratios on international equities, reversing a multi-year downward trend.
Challenger’s chief economist expects the US economy will see a prolonged recovery with President Donald Trump’s policies unlikely to have a lasting effect on equities and investments.
A research firm says errors are a “natural part” of running a company with humans and has reversed its previous poor rating for the exchange.
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
