Highly rated Small Caps team hits the ground running
Announcement posted by CallidusPR 23 May 2016
Pinnacle Investment Management welcomes new firm Spheria to the group
~~Highly rated Small Caps team hits the ground running
Pinnacle Investment Management welcomes new firm Spheria to the group
Sydney, 23 May 2016 – Looking through the noise and avoiding the hype is the mantra of ex-Schroder’s small cap and micro cap investment experts Marcus Burns, Matthew Booker and Adam Lund. Their new firm, Spheria Asset Management Pty Limited (Spheria), is the latest addition to the Pinnacle Investment Management (Pinnacle) group, launching strategies in both Australian small caps and micro caps.
“There is great opportunity in this market but also a lot of risk for the inexperienced,” explains Spheria’s Portfolio Manager, Matthew Booker, “so we spend our time researching beyond the management presentation and self-promotion to ensure we are only investing in businesses we understand that are also at attractive valuations. We assess quality regardless of market perception. Our focus is on finding strong businesses that are free cash flow positive and have potential for growth.”
“Having specialised in the small cap and micro cap sectors, we have seen how firms that grow their FUM beyond capacity, struggle to deliver the best returns for clients in this space. Our business strategy is to strictly limit our capacity and optimise returns for investors” said Marcus Burns, Portfolio Manager, Spheria.
Founding Spheria after a collective 39 years of successful investment career and substantial period analysing the small cap and micro cap sectors, the team has a proven track record of generating top quartile returns at relatively low risk.
“We decided to partner with Pinnacle as they have an excellent reputation and proven success in supporting boutique investment firms and enabling them to deliver great results to clients,” said Matthew Booker. “We love the entrepreneurial, nimble, client focused culture we see across the group. They are the ideal partner for us”.
Adrian Whittington, Director at Pinnacle welcomed Spheria to the group, “We are delighted to welcome Marcus, Matthew and Adam to the group and admire the great success they have achieved at Schroders and throughout their careers. They have a great collective energy and a mission to deliver great performance for clients and we look forward to supporting that.”
To find out more about Spheria, please visit www.spheria.com.au/
- ENDS -
Media Enquiries:
Louise Nealon, Callidus PR
T: + 61 2 9283 4114/ 0403 569 177; E: louise@calliduspr.com
About Spheria
Spheria Asset Management Pty Limited (‘Spheria’) is the Corporate Authorised Representative1240979 of Pinnacle Investment Management Limited AFSL 322 140. The principals of Spheria, Marcus Burns and Matthew Booker, are the ex-Portfolio Managers of the Schroders Smaller Companies & Microcap Funds. Together they have a combined experience of 39 years in the industry. Marcus Burns has substantial global investing experience which provides significant competitive advantage as many market participants look at the Australian market in isolation. The ability to draw on global parallels is important in a technologically evolving environment. Matthew Booker brings substantial Australian small companies investment experience as he has managed several large scale portfolios since 2005. The combination of the principals allows them to draw on a variety of experiences and knowledge which is a substantial competitive advantage for Spheria.
About Pinnacle
Pinnacle Investment Management Limited (Pinnacle) ABN 66 109 659 109 AFSL 322140 is a multi-affiliate investment management firm. Its mission is to establish, grow and support a diverse stable of world-class fund managers.
The Pinnacle group currently consists of seven specialist managers, which together manage A$19 billion across a range of asset classes; Antipodes Partners Limited, Hyperion Asset Management Limited, Palisade Investment Partners Limited, Plato Investment Management Limited, Resolution Capital Limited, Spheria Asset Management Pty Limited and Solaris Investment Management Limited.
Pinnacle also provides distribution and other support services to a selected number of culturally-aligned investment managers. See also www.pinnacleinvestment.com.au
Disclaimer:
Whilst Pinnacle Investment Management Limited, ABN 66 109 659 109 AFSL 322140 (Pinnacle) and Spheria Asset Management Pty Limited ABN 42 611 081 326 (‘Spheria’) believe the information contained in this communication is based on reliable information, no warranty is given as to its accuracy and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Pinnacle and Spheria disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. Disclosure contained in this communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so. Past performance is not a reliable indicator of future performance
Pinnacle Investment Management welcomes new firm Spheria to the group
Sydney, 23 May 2016 – Looking through the noise and avoiding the hype is the mantra of ex-Schroder’s small cap and micro cap investment experts Marcus Burns, Matthew Booker and Adam Lund. Their new firm, Spheria Asset Management Pty Limited (Spheria), is the latest addition to the Pinnacle Investment Management (Pinnacle) group, launching strategies in both Australian small caps and micro caps.
“There is great opportunity in this market but also a lot of risk for the inexperienced,” explains Spheria’s Portfolio Manager, Matthew Booker, “so we spend our time researching beyond the management presentation and self-promotion to ensure we are only investing in businesses we understand that are also at attractive valuations. We assess quality regardless of market perception. Our focus is on finding strong businesses that are free cash flow positive and have potential for growth.”
“Having specialised in the small cap and micro cap sectors, we have seen how firms that grow their FUM beyond capacity, struggle to deliver the best returns for clients in this space. Our business strategy is to strictly limit our capacity and optimise returns for investors” said Marcus Burns, Portfolio Manager, Spheria.
Founding Spheria after a collective 39 years of successful investment career and substantial period analysing the small cap and micro cap sectors, the team has a proven track record of generating top quartile returns at relatively low risk.
“We decided to partner with Pinnacle as they have an excellent reputation and proven success in supporting boutique investment firms and enabling them to deliver great results to clients,” said Matthew Booker. “We love the entrepreneurial, nimble, client focused culture we see across the group. They are the ideal partner for us”.
Adrian Whittington, Director at Pinnacle welcomed Spheria to the group, “We are delighted to welcome Marcus, Matthew and Adam to the group and admire the great success they have achieved at Schroders and throughout their careers. They have a great collective energy and a mission to deliver great performance for clients and we look forward to supporting that.”
To find out more about Spheria, please visit www.spheria.com.au/
- ENDS -
Media Enquiries:
Louise Nealon, Callidus PR
T: + 61 2 9283 4114/ 0403 569 177; E: louise@calliduspr.com
About Spheria
Spheria Asset Management Pty Limited (‘Spheria’) is the Corporate Authorised Representative1240979 of Pinnacle Investment Management Limited AFSL 322 140. The principals of Spheria, Marcus Burns and Matthew Booker, are the ex-Portfolio Managers of the Schroders Smaller Companies & Microcap Funds. Together they have a combined experience of 39 years in the industry. Marcus Burns has substantial global investing experience which provides significant competitive advantage as many market participants look at the Australian market in isolation. The ability to draw on global parallels is important in a technologically evolving environment. Matthew Booker brings substantial Australian small companies investment experience as he has managed several large scale portfolios since 2005. The combination of the principals allows them to draw on a variety of experiences and knowledge which is a substantial competitive advantage for Spheria.
About Pinnacle
Pinnacle Investment Management Limited (Pinnacle) ABN 66 109 659 109 AFSL 322140 is a multi-affiliate investment management firm. Its mission is to establish, grow and support a diverse stable of world-class fund managers.
The Pinnacle group currently consists of seven specialist managers, which together manage A$19 billion across a range of asset classes; Antipodes Partners Limited, Hyperion Asset Management Limited, Palisade Investment Partners Limited, Plato Investment Management Limited, Resolution Capital Limited, Spheria Asset Management Pty Limited and Solaris Investment Management Limited.
Pinnacle also provides distribution and other support services to a selected number of culturally-aligned investment managers. See also www.pinnacleinvestment.com.au
Disclaimer:
Whilst Pinnacle Investment Management Limited, ABN 66 109 659 109 AFSL 322140 (Pinnacle) and Spheria Asset Management Pty Limited ABN 42 611 081 326 (‘Spheria’) believe the information contained in this communication is based on reliable information, no warranty is given as to its accuracy and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Pinnacle and Spheria disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. Disclosure contained in this communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so. Past performance is not a reliable indicator of future performance