Opis Capital goes retail with big cap fund
Boutique fund manager Opis Capital will launch its existing big cap fund for professional investors on the retail market next month, and has appointed a new dedicated investment manager.
Former ABN AMRO retail analyst James Casey will run the fund in conjunction with Opis executive director Dean Fergie, who is also portfolio manager within the Opis investment team.
Fergie said an additional big cap specialist would be appointed within six months to provide a dedicated big cap team for the fund, which is one of four Opis funds.
As well as the big cap fund, the boutique also offers the Opis Capital Premium Equity Fund, the OC Dynamic Equity Fund, and a concentrated fund, which is a “bit like a hedge fund”, he said.
“Relaunching our big cap fund on the retail market after three years as a fund for professional investors exclusively will round off our portfolio offering with funds across the risk spectrum.
“We now offer a fairly conservative, fairly diversified big cap fund, two small to medium cap industrial funds that have an absolute focus and are a little bit high risk, and then we have the concentrated fund.”
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
