Performance

Lanterne aims to scale up high-conviction Australian equity fund

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Australian equity specialist Lanterne Strategic Investors is hoping to attract more investor inflows to its Lanterne High Conviction Fund after generating positive performance in the six months since launch in the face of high market turbulence.

Lanterne CEO Lindsay Jones said the $20 million Lanterne High Conviction Fund – which was launched in May after obtaining seed money from Australia’s Lowy family and other investors – has managed to deliver a slightly positive return year-to-date despite the market’s savage turns in recent months.

The highly concentrated portfolio, which invests in large and mid-cap Australian equities, is currently only