Boutique fund manager Antipodes Global Investment Partners has unveiled plans to launch an active ETF on the ASX and named a new managing director.
Antipodes has announced it will launch the “exchange quoted managed fund” within the next two months, targeting the new product to SMSF investors.
The announcement follows the recruitment of Andrew Findlay as managing director to oversee the boutique’s growth trajectory.
Mr Findlay was formerly an executive at Pinnacle Investment Management, which holds a minority stake in Antipodes.
“Andrew has been instrumental to Antipodes’ success since day one and I’m delighted he’s accepted the role of managing director,” said Antipodes founder and CIO Jacob Mitchell.
“Based on my experience, it’s best to separate the functions of investing and business management. Antipodes is a performance-driven firm and my time is best spent leading our growing investment team.”
The fund manager has also hired a number of investment analysts in Sydney and London, including former Magellan manager Aidan Kerr and former Dimensional staffer Kieran Rabbitt.
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