CBG Capital Chairman, Ronni Chalmers, was recently interviewed by Jessica Amir on the Finance News Network. The pair discuss the CBG Capital Fund structure, strong performing stocks and Ronni’s outlook for 2019.
CBG Asset Management
CBG Asset Management (CBG) is a successful Australian equities fund manager, founded in 2002. In July 2017, CBG was acquired by Clime Investment Management and we believe that the combined resources of the two companies offer the potential to facilitate even strong results going forward. We are an active boutique manager with the objective of maximising long term returns to investors through a balance of capital growth and distributions. The CBG investment team employs a proven, bottom-up investment process. We manage a diversified portfolio of Australian listed investments with generally between 40 and 60 stocks held.
What Sets Us apart
The Australian equities market is heavily concentrated in the largest capitalisation stocks. However, CBG’s mandate and relative fund size allow us to invest more broadly and to have a greater exposure to emerging companies. We invest in a portfolio of Australian equities with a minimum of 75% of the portfolio invested in stocks from the S&P/ASX 200 index. A maximum of 25% can be invested in stocks outside the S&P/ ASX 200 index.
CBG also has a longer term investment focus than most investors, as evidenced by average historical turnover of 30-40% per annum in our funds. This assists us to benefit from pricing inefficiencies that result from the shorter term focus of the market as a whole. At CBG we invest in high quality companies, which minimises the risk of permanent capital loss. A key strength of the team is our stock picking track record and in 2013 CBGAM won the Golden Calf Award for best-boutique fund manager at the Australian Fund Manager Awards.