John Campbell and Jeremy Bendeich, former small-cap fund managers of UBS Global Asset Management, have launched a new investment boutique, Investor Daily reports. Campbell will be the managing director of Avoca Investment Management and Bendeich will be its CIO.

The duo has launched Avoca in partnership with Bennelong Funds Management, adds Money Management. The boutique will target financial planners and institutional investors and its first vehicle, the Bennelong Avoca Emerging Leaders Fund, will invest in small and mid cap Australian equities.

Click here for the story from Investor Daily. 

Click here for additional coverage from Money Management.