Lennox small cap fund gets ‘recommended’ rating
Lennox Capital Partners has received a ‘recommended’ rating for its recently launched Australian Small Companies fund from Zenith Investment Partners.
Zenith said that it had “a high regard for the senior members of the investment team given their experience and track record of out-performance”.
The fund, which was launched in May, aims to provide investors with exposure to a high-quality portfolio of Australian smaller companies by employing bottom-up research effort to identify mispriced securities.
Lennox was established in March this year, in conjunction with Fidante Partners, as a boutique funds management business and division of Challenger Limited and is run by James Dougherty and Liam Donohue, who were long-time portfolio managers of the Macquarie Australia Small Company and Micro cap funds.
“We have received a strong level of interest since the launch and with this rating hope to maintain that momentum,” Dougherty said.
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