DNR Capital introduces Tura Capital, a specialist global small and mid-cap equity manager and beefs up team with senior international hire

From

Oliver Attwater

DNR Capital one of Australia’s leading equities fund managers, has announced the launch of a global small and mid-cap equity fund manager, Tura Capital.

The introduction of Tura Capital enables DNR Capital to meet the growing client demand for global investment opportunities, without interruption of its focus and commitment to Australian equities.

“The Tura Capital Global Small & Mid Cap Fund[1], launched in December 2023, is a new investment product designed to provide investors with a diversified exposure to high growth developed markets worldwide. This Fund is managed by a team of experienced investment professionals each with a strong track record, and is committed to delivering quality investment outcomes,” said Robert White, Chief Executive Officer of DNR Capital.

“The Fund employs Tura Capital’s investment philosophy of identifying quality global small and mid cap companies that are well placed to deliver strong investment returns through economic cycles. With DNR Capital providing full operational support covering compliance, marketing and distribution, and investment administration, the Tura Capital investment team can focus on global investment opportunities,” White added.

Brad Partridge, Portfolio Manager at Tura Capital, noted “The Tura Capital investment process is designed to be disciplined and transparent. Our proprietary process screens the vast universe of global small and mid-cap companies for quality characteristics. We then conduct fundamental research to identify the highest quality opportunities, resulting in a concentrated portfolio of typically 25 to 45 high-quality companies trading at reasonable valuations.”

In conjunction with this launch, DNR Capital is excited to announce the appointment of Oliver Attwater as Tura Capital Portfolio Manager, who will co-manage the fund alongside Brad Partridge.

Attwater, who has relocated from the UK to join the Tura Capital team in Sydney, brings extensive experience in managing global equities portfolios. Most recently, he was jointly responsible for €8.4 billion in global equities at Robeco.

“We are delighted to have someone of Oliver’s experience and calibre join the team. Prior to his time at Robeco, he was Head of Equities and Lead Portfolio Manager at British Airways Pensions overseeing a $US2 billion mid-large cap US equity portfolio,” Partridge said.

White added “This hire underpins our focus on building a high-calibre team at Tura Capital. Oliver will work with Brad, who joined us in 2022, to enhance our capabilities and provide our clients with the quality investment solutions they demand.”

“I am excited to be taking on this role and look forward to working with the team at Tura Capital to continue building on the strong foundations of the global equities capability,” Attwater said. “Global equities continue to offer investment opportunities for growth and innovation. I am eager to contribute to Tura Capital’s vision and help deliver exceptional value to our clients and investors.”

The Fund has posted a return of 9.53% since its inception in December 2023, outperforming the MSCI World SMID Total Return Index by 1.42%.[2]

———

Notes:
[1] Tura Capital Global Small & Mid Cap Fund, ARSN 667 101 635. APIR: PIM6047AU
[2] Performance is net of fees as of 30 June 2024. Past performance is not indicative of future performance.

You must be logged in to post or view comments.