Acorn Plans Micro-Cap Managed Fund

Acorn Capital is planning to launch a micro-cap managed fund in Australia.

Acorn Capital is planning to launch a micro-cap managed fund in Australia, Investor Daily reports. The fund, expected to be rolled out at the end of next year, will seek investment opportunities in Asia. Currently, the micro-cap manager is marketing the new fund to institutional investors and asset consultants. The new vehicle will be offered to both wholesale and retail investors.

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