The Tura Capital Global Small & Mid Cap Fund is a global investment product designed to provide investors with a diversified exposure to high growth companies in developed markets worldwide. It invests in a concentrated portfolio of between 25 to 45 stocks that the manager believes have reasonable valuations and can compound returns.

“We are delighted that Lonsec has recognised the ‘robust investment process’ of our team that manages the Tura Capital Global Small & Mid Cap Fund – Brad Partridge and Oliver Attwater.” Robert White, Chief Executive Officer of Tura Capital’s parent company, DNR Capital.

Brad Partridge joined Tura Capital in 2022 following 15 years as a Portfolio Manager at Macquarie Asset Management. Oliver Attwater jointly manages the specialist capability, after relocating from Robeco in Rotterdam, where he jointly managed an €8.4 billion fundamental all-cap global equities strategy. Tura Capital comprises a dedicated team of four global equity investment professionals.

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.

Lonsec sighted a clearly articulated investment philosophy supported by a robust investment process; a total fee load below the peer median; and the support of parent DNR Capital as strengths of the Fund.

“The Fund’s track record is still being developed; however the investment process is closely aligned with the manager’s investment philosophy, and likely to produce a portfolio with characteristics fitting the expected profile of a small and mid cap, quality at a reasonable price (QARP) strategy,” Lonsec said in its report.

“Lonsec has recognised the rigorous investment process we use to manage the Fund, which 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 detailed fundamental research to identify the highest quality opportunities, resulting in a concentrated but diversified portfolio of typically 25 to 45 high-quality companies trading at reasonable valuations,” portfolio manager Brad Partridge said.

“This rating will help raise the awareness of the alpha opportunity available in global small and mid cap companies and Tura Capital’s quality-focused investment approach,” Partridge added.

The Fund has a management fee of 0.98% per annum and a performance fee of 15% on excess returns, after management fees, above the Fund’s benchmark.

The post Tura Capital Global Small & Mid Cap Fund earns inaugural ‘Recommended’ rating from Lonsec appeared first on AdviserVoice.

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.

The post DNR Capital introduces Tura Capital, a specialist global small and mid-cap equity manager and beefs up team with senior international hire appeared first on AdviserVoice.

Brad Partridge

One of Australia’s leading equities fund managers DNR Capital is pleased to announce the appointment of Brad Partridge to lead the development of a dedicated global equity capability.

Partridge has extensive investment management experience, having previously spent more than 20 years at Macquarie Group, most recently as Portfolio Manager for Macquarie Asset Management.

“We are looking to complement and build on the successful investment philosophy and process of the DNR Capital Australian equities strategies,” said DNR Capital’s Chief Investment Officer, Jamie Nicol.

“The addition of Brad to the investment team provides a dedicated Portfolio Manager to focus solely on the new global offering, which will allow our dedicated Australian equites team to continue providing our clients with quality investment solutions in the Australian equities space”, added Nicol.

“Brad has a unique ability to add value for investors through multiple cycles, and we look forward to seeing him build on this success at DNR Capital,” said DNR Capital’s Chief Executive Officer, Robert White.

“This is an extremely exciting opportunity for me and I am thrilled to join the DNR Capital team and be part of this new and exciting expansion into global equities,” said Partridge.

Once settled in, Partridge will work on resourcing the global equities investment team with additional recruitment planned in the short term.

The post DNR Capital expands team to focus on new global equity strategy appeared first on AdviserVoice.