Sean Fenton launches boutique equities firm

Sean Fenton, a former portfolio manager with Tribeca Investment Partners and AMP Capital, has announced the launch of Australian equities boutique Sage Capital.

Backed by 'boutique incubator' Channel Capital, Sage Capital is wholly owned by managing director Fenton and portfolio managers Kelli Meagher, Peter Moore and James Delaney. The firm seeks to generate alpha over the long term through its approach of combining fundamental and quantitative analysis.

Commenting on the launch, Fenton said: "The formation of our firm marks the continuation of the investment management style that our team and I have been running over many years, with the dedication and discipline that is required to actively manage equities portfolios in today's complex market environment. We seek to provide a solution for investors to help lower correlation to equity markets by holding both long and short positions - in a very risk controlled way."

Channel Capital's managing director, Glen Holding, added: "We spend a great deal of time searching for differentiated investment teams of the highest quality, and we are pleased to have launched Sage Capital with Sean Fenton and his colleagues."

Sage Capital's two initial funds are open for investment - the CC Sage Capital Equity Plus Fund, an Australian equities long/short strategy, and the CC Sage Capital Absolute Return Fund, an absolute return strategy.