Cor Capital is pleased to announce the appointment of Scott Chessum CFA, CA as Portfolio Manager, strengthening the firm’s investment capability as it continues to deliver stable, risk-managed returns through varying market conditions.
Scott joins Cor Capital with 20+ years of experience across previous firms, most recently as Portfolio Manager at Playfair Asset Management (domestic and global equities), and before that a distinguished career as Director at UBS (formerly Credit Suisse). He developed and executed successful investment strategies that outperformed key benchmarks in a risk-controlled fashion, as well as advising some of Australia’s largest financial institutions (superannuation funds, domestic and globally focused long-only equity funds, regional hedge funds).
Commenting on the appointment, Tom Rachcoff, Managing Director said: “We’re delighted to have Scott join the Cor Capital team. I have known Scott for many years and have had the pleasure of working with him. His experience complements our long-established investment process and supports our commitment to preserving capital and delivering non-volatile returns for investors. His strong analytical skills and investment expertise will be of great value.”
Scott said “I have been a long-term investor in the Cor Capital Fund which is a testament to my firm belief in the core philosophies. With this first-hand experience, I know the strengths of the investment process, and I look forward to applying my own skills and experience to enhance our research capabilities and contribute to disciplined business growth.”
Tom said, “Furthering our research capabilities and expanding investment solutions, will be value accretive to all of Cor Capital’s stakeholders.”
Scott added “The Cor Capital Fund’s performance through time speaks for itself. It has been true to label as an uncorrelated, defensive liquid alternative with deliberate upside capture. The strategy can hold a place in a wide range of investor asset allocations. I’m very pleased to be joining the team and I am excited about the opportunities for the business going forward.”