News: Timothy Cheung launches Mantis Funds in Sydney

Timothy Cheung, the former Head of Research at Morphic Asset Management, has launched Sydney-based Mantis Funds, a firm partnering with investment managers looking for distribution support. Dalton Street Capital has reportedly come onboard as Mantis’ first client and Singapore-based Firth Investment Management has also signed on. Cheung, who during his career has also had stints at firms such as Perpetual Investments and Colonial First State, has teamed up with Mark Paton (ex-FIIG Securities, ANZ, Westpac) and Damien Hatfield (ex-Aura Alternative Assets, Pengana Capital, Ascalon Capital, Colonial First State, Deutsche, ANZ) to launch Mantis. Mantis is owned by principal investment firm LSL Partners of which Cheung is the CIO.