OC awarded micro-cap mandate
Micro-cap Australian equities manager, OC Funds Management, has been awarded a mandate for its micro-cap strategy by multi-manager, Alpha Fund Managers.
The strategy aims to deliver investors strong long-term capital growth by investing in Australian and NZ companies with a market cap of less than $350 million.
Robert Frost, OC’s Head of Investments, said, “After extensive due diligence, we are delighted Alpha awarded us the mandate. 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.”
Julien Brodie, Portfolio Manager at Alpha, 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."
The mandate follows the strategy’s recent ‘Recommended’ rating from research houses Zenith and Lonsec.
At the end of June 2017, OC’s micro-cap strategy delivered investors 15.8% p.a., 14.0% p.a. and 15.7% p.a. over one, three and five years, respectively.