GSFM and Australian equities manager, Auscap Asset Management, have formed a partnership, with GSFM the exclusive distributor of the Auscap High Conviction Australian Equities Fund and the Auscap Ex-20 Australian Equities Fund in the Australian and New Zealand markets.
Auscap Asset Management was founded in 2012. It is a quality first, value focused, active Australian equities manager. Its High Conviction Australian Equities Fund and its Ex-20 Australian Equities Fund both have a RECOMMENDED rating from Zenith and Lonsec.
GSFM CEO, Damien McIntyre, said the partnership brings the number of GSFM’s specialist fund manager partners to 10.
“GSFM’s goal is to partner with high calibre investment managers to deliver differentiated, quality investment strategies to help Australian investors build wealth. Auscap’s Australian equity funds certainly meet our criteria.
“Auscap is a considered, patient and long-term investor, an approach that has paid off in consistent performance.
“The High Conviction Australian equities fund has a 12+ year track record and is a top quartile fund. The Ex-20 Australian Equities Fund was launched in November 2023, and has shown similarly good performance,” Mr McIntyre said.
Tim Carleton, Auscap’s founder and chief investment officer has over 20 years’ experience in the financial services industry including as an executive director at Goldman Sachs where he was responsible for managing an Australian equities portfolio, and Macquarie Bank where he worked in the Investment Banking team.
He was a founder of Auscap, which has a quality first, value-focused philosophy.
“Our vision is to continue to develop a leading funds management business that has a reputation for outperformance, strong risk management, a positive culture and integrity.
“In GSFM we have found an experienced and knowledgeable team with nationwide capabilities across relevant channels, and we look forward to working with Damien McIntyre, Ben Williams and the broader team.
“Partnering with GSFM, with a recognised reputation as experts in distribution, means the investment team can focus our attention on continuing to deliver strong returns for our clients.”
