31 Jul 2026Selector Funds ManagementFCLHeldSelector Funds Management continues to hold FINEOS Corporation after the company reported a June-end cash balance of €39.0 million, up 11% on the prior comparative period, and reaffirmed FY revenue guidance of €147-152 million. The manager highlights a 10-year license signed with insurer OneAmerica for FINEOS AdminSuite as a core employee benefits platform, along with New Zealand's Accident Compensation Corporation migrating its core claims and payments functions to the FINEOS cloud platform, reinforcing the company's position in core employee benefits systems, with a market capitalisation of $647 million.
31 Jul 2026Selector Funds ManagementOFXHeldSelector Funds Management continues to hold OFX Group after the company received an all-cash acquisition offer of $1.00 per share from UK-based Equals Group, representing a 108% premium and a $247 million equity value at 9.2x EV/EBITDA, with a four-week exclusivity period underway and the scheme expected to take 9-12 months to complete. The manager also notes a 1Q27 trading update showing group net operating income down 20% to $43.9 million, with corporate revenue down 22% and active clients down 6.6%, though the transition to its new client platform is complete across major markets and interest income from client wallet balances grew 19%, with a market capitalisation of $185 million.
Selector Funds Management is a Sydney-based boutique fund manager co-founded by Corey Vincent and Tony Scenna, specializing in concentrated Australian and international equities. Selector applies an intensive, business-owner style research process, seeking well-managed companies with strong balance sheets, sustainable competitive advantages and significant growth runway, often across small and mid-cap names alongside select larger companies. The firm is known for a highly disciplined, low-turnover approach and detailed public commentary explaining its investment reasoning to unitholders. Selector's strategies target long-term capital growth for wholesale and retail investors seeking genuinely active management distinct from index-based alternatives.
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.
31 Jul 2026Selector Funds ManagementFCLHeldSelector Funds Management continues to hold FINEOS Corporation after the company reported a June-end cash balance of €39.0 million, up 11% on the prior comparative period, and reaffirmed FY revenue guidance of €147-152 million. The manager highlights a 10-year license signed with insurer OneAmerica for FINEOS AdminSuite as a core employee benefits platform, along with New Zealand's Accident Compensation Corporation migrating its core claims and payments functions to the FINEOS cloud platform, reinforcing the company's position in core employee benefits systems, with a market capitalisation of $647 million.
31 Jul 2026Selector Funds ManagementOFXHeldSelector Funds Management continues to hold OFX Group after the company received an all-cash acquisition offer of $1.00 per share from UK-based Equals Group, representing a 108% premium and a $247 million equity value at 9.2x EV/EBITDA, with a four-week exclusivity period underway and the scheme expected to take 9-12 months to complete. The manager also notes a 1Q27 trading update showing group net operating income down 20% to $43.9 million, with corporate revenue down 22% and active clients down 6.6%, though the transition to its new client platform is complete across major markets and interest income from client wallet balances grew 19%, with a market capitalisation of $185 million.
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