Original article by Glenda Korporaal
The Australian – Page: 17 & 21 : 24-Oct-17
Auscap Asset Management, which was founded by Tim Carleton and Matthew Parker in 2012, boasts about $A450m worth of funds under management. Carleton says Auscap saw Britain’s vote to leave the European Union as an opportunity to buy several Australian stocks with exposure to the UK at a healthy discount to their pre-Brexit share price. Likewise, the firm capitalised on bearish sentiment toward retail stocks following the Federal Government’s 2014 Budget to buy oversold stocks in the sector.
AUSCAP ASSET MANAGEMENT PTY LTD, GOLDMAN SACHS AUSTRALIA PTY LTD, ANSELL LIMITED – ASX ANN, JB HI-FI LIMITED – ASX JBH, CALEDONIA INVESTMENTS LIMITED, COTA CAPITAL, THORNEY INVESTMENT GROUP AUSTRALIA PTY LTD, COLONIAL FIRST STATE GROUP LIMITED, BLACK DOG INSTITUTE, VICTOR CHANG CARDIAC RESEARCH INSTITUTE LIMITED, MULTIPLE SCLEROSIS RESEARCH AUSTRALIA LIMITED, JUVENILE DIABETES RESEARCH FOUNDATION INTERNATIONAL