Australian equity investment manager Dalton Nicol Reid announced today it will change its name to DNR Capital.
The name change reflects the evolution of the Brisbane-based business over recent years from its beginnings in 2001 to its current market position as a successful fund manager of circa $1.4 billion.
“Our business has experienced significant growth in client base, product and service offering and funds under management over the last few years,” said DNR Capital CEO Robert White. “We see the change as an extension of that growth. It represents the current position and future of our business.”
Founding partner and CIO Jamie Nicol said the change was an exciting time for the company but emphasised that most importantly “the ownership, management and investment philosophy of DNR Capital remain the same”.
“Our heritage of delivering client-focused, quality investment solutions continues as a business priority. DNR Capital will build on online slots the strength and success of Dalton Nicol Reid,” he said.
DNR Capital invests in Australian equities over the medium-to-long term with the view to outperforming the S&P/ASX 200 Accumulation Index. “While we are moving forward with a new name and logo that we feel positions us well in the market, we will never lose sight of the fact that the aim of DNR Capital is to deliver returns for our clients,” said CEO White. “Continuing to broaden and expand the company’s presence and product offerings is simply good business.”
About DNR Capital
Founded in 2001, DNR Capital is an independent Australian investment management company that delivers client-focused, quality, investment solutions to institutions, advisers and individual investors. DNR Capital has been recognized for its work in Separately Managed Accounts (SMAs) at the prestigious 2014 Lonsec Awards. DNR Capital is a signatory to the Principles for Responsible Investment (PRI).
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