Chaired by Melda Donnelly and co-founded by portfolio managers Christopher Joye and Darren Harvey, Coolabah Capital Investments Pty Ltd ACN 153 327 872 (CCI) is an active institutional fixed-income fund manager based in Australia that is responsible for managing Smarter Money Investments’ (SMI) portfolios and other bespoke institutional mandates collectively worth over $1.5 billion. In 2016 SMI was a finalist for Money Management/Lonsec’s “emerging fund manager of the year”award.
CCI’s investment philosophy focuses on delivering improvements in risk-adjusted excess returns, or “alpha”, that are independent of interest rate duration risk, credit risk and liquidity risk. Since the inception of CCI’s first active credit portfolio in February 2012 it has outperformed key alternatives on a raw and risk-adjusted basis. CCI’s core portfolio, the Smarter Money (Active Cash) Fund, has been awarded a coveted 5 Star rating from Morningstar based on its 3-year and 5-year risk-adjusted returns.* CCI’s wholly-owned subsidiary, Coolabah Capital Institutional Investments Pty Ltd ACN 605 806 059, holds AFSL Licence No 482238.
The Coolabah is a native Australian tree (different sub-species are also referred to as “Cooliabah”) that features in the de facto national anthem, Waltzing Maltida, wherein “a jolly swagman camped by a billabong under the shade of a coolibah tree“. The Coolabah tree is a durable, salt-tolerant tree known to live for hundreds of years and offer shade for Australian fauna. The wood is heavy and white ant (termite) resistant, and was used by European settlers for early Australian construction and fencing. According to one account, “aboriginal use of Coolibahs was quite diverse…roots were used for emergency water supply, the inner bark was used against snake bite and the bark was harvested”.
Shelter, longevity, durability, and catastrophe insurance are valuable attributes that we hope this namesake imports to Coolabah’s business.