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ECP Asset Management expands team and national reach in response to increasing investor demand

02 May 2014

From ECP Asset Management

Boutique Australian equities manager, ECP Asset Management has announced that it has established its national office in Sydney. The top quartile performer has also announced that Andrew Dale will join the investment team as a Portfolio Manager in the new Sydney office.

Chairman and CEO Dr Manny Pohl, said the investments within client’s portfolios were performing strongly and that this was leading to increasing demand.

“We launched our funds management business less than 12 months ago. Our flagship strategy, the ECP AM EX50 strategy, is performing extremely well and our funds under management has been rising steadily. We are very pleased to now welcome Andrew to our team and look forward to the contribution he will bring. The opening of this new office in Sydney is also an important step, as it will allow us to more closely work with our institutional clients in Sydney and Melbourne.”

The ECP AM EX50 strategy has returned 24.8% since inception, against its absolute benchmark return of 5.3%, whilst the S&P/ASX Small Ordinaries Accumulation Index has seen a modestreturn of 5.4%.

Andrew Dale has 17 years experience in financial services. His most recent position was Managing Director, Global Natural Resources with Macquarie Bank. He has also held analyst positions with ABN Amro and Yahoo, as well as a role with KPMG. Mr Dale has a Bachelor in Accounting and Finance from the University of NSW.

Dr Pohl said the business had further growth plans and additional announcements will be made in this regard in the near future.

Tags:Andrew Dale appointment ECP Asset Management Manny Pohl

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