Canopy Investors, a boutique global small and mid-cap equities manager, has announced the appointment of Jack McManus as portfolio manager.

McManus’ career spans more than 13 years in financial services, including 10 years in global listed equities at Magellan, where he was a senior analyst and member of the Investment Committee in the Global, Small & Mid Cap, and Emerging Growth teams. Prior to Magellan, McManus spent three years as an equity research analyst at Morgans Financial.

McManus’ appointment reunites him with Canopy co-founders and portfolio managers Kris Webster and Michael Poulsen, with whom he previously developed a small & mid-cap strategy at Magellan.

Kris Webster said the appointment would bolster and support the team following the recent launch of the Canopy Global Small & Mid Cap Fund in June 2024.

“Since launching we have seen a huge amount of interest. Australian investors are clearly looking for alternatives to diversify their equity portfolios away from an increasingly concentrated global large-cap index.

“Jack is a highly experienced and passionate investor who shares our investing ethos. We are thrilled to extend our already ten years working and investing together.”

Michael Poulsen added that McManus was an obvious choice when they began this business.

“Jack has demonstrated strong performance in the past. His character, breadth of experience across sectors, and ability to identify new investment opportunities made it an easy decision to have him join our team.”

McManus holds a Bachelor of Science, a Bachelor of Arts and a Master of Commerce, Applied Finance from the University of Queensland.

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