Clicky

Lonsec upgrades Platypus fund

Lonsec Research has upgraded Platypus Asset Management’s Australian Equity Fund to “recommended”.

The fund invests in a concentrated Australian equity portfolio to deliver strong returns over the medium to long term by identifying high-quality Australian companies with strong growth prospects.

Lonsec praised the firm for the its “persistent style, concentrated approach, and small to mid-cap bias”.

Related News:

It also highlighted the cohesion of the management team and the competitiveness of the fund’s reduced management fees.

Platypus asset Management’s chief executive, Gary Adamson, said: “We’re pleased to see the fund recognised for its continued growth and strong performance.”

“It’s a testament to the team’s experience and dedication to generate superior returns for investors.”

Currently, Platypus has $2.2 billion in funds under management (and advice).




Related Content

Which Aussie equity funds only just recovered from the GFC?

While last year may have been a tough one for the Australian market with the January-February and October-November sell offs, Money Management used FE...Read more

Which boutique fund managers topped 2018?

Given 2018 was a rocky ride compared to the year before it, Money Management looked at the performance of boutique managers across 30 November 2017 to...Read more

Watermark quits global equities

Watermark Funds Management has announced its withdrawal from global equities and said it would focus exclusively on the local share market as the firm...Read more

Author

Comments

Add new comment