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Former Magellan exec joins Auscap, Industry Moves, 14 March 2017
Former Magellan exec joins Auscap, Industry Moves
Auscap AM new hire, Financial Standard, 13 March 2017
Sydney-based long-short equities manager Auscap Asset Management hired former Magellan Asset Management account manager Jennifer Herbert.
Auscap Asset Management hires from Magellan, Australian Financial Review, 12 March 2017
Sydney-based long/short equities manager Auscap Asset Management has hired Jennifer Herbert in a distribution role. Herbert joins Auscap's team from Magellan Asset Management, where she was responsible for managing Magellan's ASX-listed products.
Investing in the sweet spot, Financial Standard, 8 March 2017
Investing in the sweet spot, Financial Standard
Product Showcase, FSiTV, 8 March 2017
Having the patience to wait for attractive investment opportunities forms a crucial component to the disciplined, value-based investment approach at Auscap Asset Management.
Auscap Newsletter – March 2017
The Fund returned 0.42% net of fees during February 2017. This compares with the All Ordinaries Accumulation Index return of 2.09%. Average gross capital employed by the Fund was 125.3% long and 17.5% short. Average net exposure over the month was 107.8%. At the end of the month the Fund had 34 long positions and 10 short positions. The Fund’s biggest stock exposures at month end were spread across the real estate, financials, consumer discretionary and telecommunications sectors
Auscap Newsletter – February 2017
The Fund returned negative 1.20% net of fees during January 2017. This compares with the All Ordinaries Accumulation Index return of negative 0.77%. Average gross capital employed by the Fund was 131.6% long and 16.8% short. Average net exposure over the month was 114.8%. At the end of the month the Fund had 34 long positions and 6 short positions. The Fund’s biggest stock exposures at month end were spread across the real estate, financials, consumer discretionary and telecommunications sectors
Australia must curtail its debt binge in 2017, Financial Standard, 27 January 2017
Australia's highly levered economy could pose serious problems down the road, according to a new Columbia Threadneedle report.
Housing market faces heavy downside risk, Financial Standard, January 19 2017
Far from being a stable asset, Australian residential property carries considerable risk, according to a new Auscap report.
Current housing market presents a ‘considerable risk’, SMH, 19 January 2017
An assumption of ever-lasting favourable conditions when picking stocks would raise alarm bells for fund managers, but for some reason an ever-booming property market doesn't attract quite the same concern.
Current housing market presents a ‘considerable risk’, Australian Financial Review, 19 January 2017
Current housing market presents a 'considerable risk', Australian Financial Review.
Auscap Newsletter – January 2017
The Fund returned 4.00% net of fees during December 2016. This compares with the All Ordinaries Accumulation Index return of 4.17%. Average gross capital employed by the Fund was 141.5% long and 13.3% short. Average net exposure over the month was 128.2%. At the end of the month the Fund had 36 long positions and 8 short positions. The Fund’s biggest stock exposures at month end were spread across the real estate, financials, consumer discretionary and telecommunications sectors.
