Five Oceans reaches $500mn FUM

Global equities boutique Five Oceans Asset Management has gained a $150 million mandate from a NSW superannuation fund.

Peter Lambert, CEO of Local Government Super (LGS), said the $6 billion fund awarded the mandate because it was confident in Five Oceans’ investment team and process, and its awareness of the impact of sustainability risks on stock prices.

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Private equity IPOs better than rivals? Study says yes, some not convinced

Private equity firms and their bankers are not trumping the latest study by the Australian Private Equity and Venture Capital Association, which shows private equity-backed initial public offerings beat other IPOs.

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