CERUTTY MACRO FUND

Cerutty Macro Fund is a long only equities fund. Our ideas start with top-down, macro-economic themes, analysing where we are in the business cycle, before finding the best bottom-up ideas to express our views. We have a bias to micro-cap and small-cap Australian equities, however if liquidity conditions are tight, we'll express our views through larger cap positions. Where we can't find appropriate opportunities to execute our high conviction views on the ASX we'll look to do so through overseas equities... Some managers brand themselves as pureplay "growth" or "value" managers however this is not our approach. Our ambition is not to create fees, but to grow our FUM through capital appreciation in a variety of market conditions. A significant portion of the FUM is our own capital not leaving us the opportunity to diversify elsewhere. Hence when the macro conditions change, so will the opportunities we look to invest in. We're focused on maintaining flexibility and continuing to..

Primary location: Melbourne