Business Announcement – Ellerston Capital and Morphic Asset Management

Ellerston Capital Limited (Ellerston) has acquired a controlling interest in Morphic Asset Management Pty Ltd (Morphic). Morphic will become a subsidiary of Ellerston.

Morphic’s founders, Jack Lowenstein and Chad Slater will continue running the Morphic Funds, but with access to Ellerston’s wider analyst pool and infrastructure.

Morphic is a specialist investment manager focussed on achieving high risk-adjusted returns from investing in global equities in a way that doesn’t harm the environment, society or people.

“I believe stewardship is crucial and it will be increasingly important in the future. Morphic fulfils a unique role in this space, being one of the few managers offering L/S ESG products and Ellerston is very excited to acquire a leading domestic ethical fund manager”, said Ellerston’s CIO, Chris Hall.

“Our vision remains to be the leading ethical global equity manager in Australia” said Morphic’s Managing Director and Joint CIO, Jack Lowenstein. “We believe that under the wing of Ellerston, we gain access to Ellerston’s experienced investment team and we substantially improve our reach to investors whose aim is to build wealth by following the principles of socially responsible investing. Families invest for multi generation and ESG is about the long-term view of the world.”

Please contact Ellerston on (02) 9021 7797 or with any queries.