Cor Capital expands its market reach across advisers

Cor Capital has announced it has hired Mark De Wan as head of sales and marketing as the fund manager plans to take its Cor Capital Fund to the intermediary advice market.

The Melbourne-based fund, which is used by family offices and self-directed investors, invests across large-cap equities, bonds, and cash, as well as precious metals and, according to the manager, its large physical gold bullion position has been designed to protect its portfolio from events “that would cause a sell-off of most financial assets”.

De Wan, who is a distribution expert, will be responsible for expanding its market reach and growing the fund’s awareness across adviser networks.

He previously worked at Ellerston Capital, MLC, NAB Wealth and UBS Asset Management after beginning his career in financial planning.

“I am delighted to join the team and represent the award-winning Cor Capital Fund in this newly created role. My engagement with Davin [Hood] and co-portfolio manager, Tom Rachcoff has been equable from the beginning, and I look forward to getting started,” De Wan commented on his appointment.

“The Cor Capital Fund offers an unconventional combination of assets with some extra built[1]in insurances. There is value in its contrarian, disciplined management, and its daily liquidity. Advisers will also like the transparency of the process, which is rare for a fund with performance attributes that are pretty much ‘alternative’ and ‘absolute return’ in nature.”