Arowana Funds Management is the group's original fund management arm. Its flagship was the Contrarian Value Fund (ASX: CVF), a listed investment company that delivered 8.6% per annum net returns over its life — outperforming the ASX 200 — before being wound down in 2020 at the recommendation of its independent board.
Earlier vehicles, including the Arowana Australasian Value Opportunities Fund, returned 18.4% per annum net — nearly double the ASX 200 Accumulation Index over the same period.
The funds management activity is now pivoting from Australian public equities to impact fund management through Arowana Impact Capital in Singapore.
