Former UBS small cap managers join Fidante Partners

australian-equities/Fidante-Partners/UBS/stephen-wood/eiger-capital/appointment/

2 April 2019
| By Oksana Patron |
image
image image
expand image

Former UBS small cap trio, Stephen Wood, Victor Gomes and David Haddad, announced they have joined multi-boutique fund manager, Fidante Partners, to start a new small cap strategy, Eiger Capital, which will manage the Australian Small Companies Fund offering institutional and retail investors access to a portfolio of small cap stocks.

The UBS Australian Small Companies Fund, which was previously run by the trio, delivered returns of 11.6 per cent per annum (net of fees) over seven years.

Wood said that the decision to join Fidante was “a relatively easy one” given Fidante’s support team, size, and track record of creating the right environment for boutiques.

“It is the right cultural fit for us and importantly, Fidante has had outstanding success partnering with leading boutiques in the small cap asset class,” Wood said.

Eiger would be an active boutique Australian equities manager specialising in small companies while employing a high conviction, style-neutral approach to investing.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5