Balmoral Investors to partner with Mantis Funds in launching a new micro-cap capability in what is a capacity constrained universe of the Australian sharemarket.
Mantis is excited to announce that we have partnered with Balmoral Investors to bring the Balmoral Investors Micro Cap Fund (the “Fund”) to Australian investors. The Fund provides a diversified portfolio of quality micro-cap companies with a focus on those with a market capitalisation of less than $750 million at the time of investment.
“There is strong and growing interest from private clients and their advisors in quality micro-cap investments managed by seasoned investors. However, accessing experienced portfolio managers with capacity is very challenging. We are privileged to have reconnected with our old friends and colleagues, Tim Canham and Wik Farwerck, to bring their capability to our clients. Tim and Wik have outstanding track records in the micro-cap universe and we are excited to see how they blossom in their new (wholly investment owned) guise,” said Damien Hatfield, Partner and Head of Distribution at Mantis Funds.
“We are delighted to be able to offer a new capability in micro-cap investing, albeit with two experienced portfolios managers at Balmoral Investors. For too long micro caps have been seen as simply an addendum to small cap investing. We disagree with that and believe it is a very different skill set given the size, liquidity and capital constraints micro-cap companies face. We see this part of the market as very under-researched and below the radar of the passive investor cohort. Valuations are as attractive as I have seen across my career” said Tim Canham, portfolio manager at Balmoral Investors.
“After managing one of the largest micro-cap products in the market at circa $500 million for over 15 years, with a strong record of alpha generation, we are very well equipped to invest in this space. By concentrating on a specific part of the sharemarket, namely stocks with a market cap below $750 million, we can focus our research and stock picking expertise. Our ability to maintain continuity with our previous portfolio construction methods, detailed financial modelling and investment process has given Balmoral a fast start to creating a new investment house” said Wik Farwerck, portfolio manager at Balmoral Investors.
For more information, please contact Damien Hatfield, Mantis Fund’s Head of Distribution, via e-mail (damien.hatfield@mantisfunds.com) or at 0400 560 240. You can also visit www.mantisfunds.com.
About Balmoral Investors
Balmoral Investors is founded by two experienced senior portfolio managers, Wik Farwerck and Tim Canham. As a team they have a long track record of successful small and micro-cap bottom-up investing at Colonial First State Global Asset Management and then First Sentier Investors. Together they ran over $1 billion in funds under management for over 15 years with strong risk adjusted returns, outperforming the relevant benchmark by 8.3% pa over that period.
Balmoral Investors is an independent investment firm owned 100% by the Founders and domiciled in Australia. The firm has been set-up for the sole purpose of providing investors with exposure to the smaller end of the Australian sharemarket, managed by two experienced small cap investors. Over many years, the team’s investment process and valuation discipline has traversed across many investment cycles from the GFC, Euro Debt crisis, commodity collapse of 2015 and COVID.
Over 30+ years in the investment markets, the team has built up a significant network of financial industry and corporate relationships. This network, coupled with detailed financial modelling and stock thesis work, provide the solid basis for the construction quality small/micro cap portfolios
For more information, please visit: Micro-Cap Investments, Small Cap Investments | Balmoral Investors
About Mantis Funds
Mantis Funds was launched in 2020 by industry veterans Damien Hatfield, Timothy Cheung, David Gray and Mark Paton. Mantis helps its boutique alternative investment managers deliver alpha to end-investors through its integrated distribution and operations platform. As at December 2024, Mantis has fifteen boutique partners spanning a range of actively managed strategies and asset classes who collectively manage more than $50 billion.
Mantis is majority owned by its management team while Tribeca Investment Partners are a strategic shareholder.
For more information, please visit: www.mantisfunds.com
Disclaimer: The material contained in this communication is general information only and has been prepared by Balmoral Investors Pty Ltd (“Balmoral Investors”), a Corporate Authorised Representative of Mantis Funds Services (AFSL 531027). It is not intended to take the place of professional advice and you should not act on any information made in this communication without first consulting your investment advisor in order to ascertain whether the information is appropriate, having regard to your investment objectives, financial situation and particular needs. Nothing in this communication shall be construed as a solicitation to buy or sell a security or to engage in or refrain from engaging in any transaction. Balmoral Investors believe that the information contained herein is correct at the time of compilation. However, Balmoral Investors, Mantis Funds Pty Ltd, and Mantis Funds Services Pty Ltd provide no representation or warranty that it is accurate, complete, reliable or up to date, nor does Balmoral Investors, Mantis Funds Pty Ltd, and Mantis Funds Services Pty Ltd accept any obligation to correct or update the opinions (if any) in it. The opinions (if any) expressed are subject to change without notice.
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