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DMX Asset Management is a boutique Australian fund manager running DMX Capital Partners, a concentrated, deep-value strategy investing in largely undiscovered, high-quality ASX-listed smaller companies trading well below intrinsic value. The fund typically buys businesses at low valuation multiples (often under 10 times forward earnings) where specific catalysts are expected to drive re-rating as the market becomes better acquainted with them, while holding meaningful cash reserves to seize new opportunities. DMX built a strong early track record, substantially outperforming the All Ordinaries Index in its first years of operation. The firm targets wholesale investors seeking a genuinely active, value-oriented alternative to broader small-cap index exposure.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.