(26 November 2007 – Australia) Boutique equities manager Falkiner Global Investors has made a raft of changes to its board and investor base in anticipation of renewed investor focus on global equities over the next five years.Falkiner said the changes were brought about by Australian investors reassessing the ability of the local share market to continue delivering value which was leading them to redirect more funds offshore.
Founding partner of boutique equities manager, 452 Capital, Warwick Negus, will invest an initial A$10 million in Falkiner’s global equities fund, and could increase the investment to A$20 million.
Negus will also join the Falkiner board as non executive director.
Malcolm McComas, investment banker at Grant Samuel and company director, will also joins Falkiner as a non executive director.
Falkiner Global Investors was established in April 2004 by James Falkiner, who maintains a dual CEO and CIO role.