BT Investment Management quickly becoming world class
Recent portfolio addition, BT Investment Management Limited (BTT), was up 15.0% for the month following the release of a positive update on funds under management (FUM) for the June quarter and an update on performance fees generated for the year ended 30 June 2015. Total group FUM now stands at A$78.9b (at 30 June 2015) and performance fee revenue for the 12 months ended 30 June 2015 was A$14.4m. We remain upbeat on the medium-term prospects of BTT as the group continues to evolve into a world-class asset manager.
OC Funds Management (OC) is a boutique small cap specialist which was founded by its investment staff and non-executive directors. OC commenced operated in December 2000 with the launch of two long only small cap Australian equity funds, the OC...
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