Antares Capital

Name

Antares Capital

Legal name

Antares Capital Partners Limited

Website

https://antarescapital.com.au

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Large-Cap Equity (Active) (FSAAAIAA)

akta.pro secondary industry

Equity Income/Dividend Strategies (Active) (FSAAAIAJ)

Keywords

• Active asset management
• Australian equities funds
• Fixed income management
• Separately managed accounts
• Institutional investment management

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Fees: Antares Capital charges management fees as a percentage of funds under management. Different funds have different fee structures: Dividend Builder at 0.6% pa, Elite Opportunities Fund at 0.70% pa, Ex-20 Australian Equities at 0.85% pa, High Growth Shares Fund at 1.05% pa, and various fixed income funds ranging from 0.29% to 0.35% pa.
2. Performance Fees: Some funds charge performance fees. High Growth Shares Fund charges 20% of net performance in excess of benchmark return plus 5% pa. Ex-20 Australian Equities charges 15% of net quarterly return in excess of benchmark quarterly return.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Antares Capital Partners is an Australian boutique asset manager providing actively managed investment funds across two divisions: Antares Equities (Australian share portfolios including Dividend Builder, Elite Opportunities, Ex-20 Australian Equities, and High Growth Shares) and Antares Fixed Income (cash, short duration, long duration, inflation linked, and asset liability management strategies). The firm manages more than A$32.5 billion for Australian personal investors (via financial advisers and platforms) and institutional clients such as superannuation funds and insurance companies.

Product overview

Antares Capital is an Australian asset management company managing $32.5 billion across two divisions: Antares Equities and Antares Fixed Income. Antares Equities offers four core equity funds (Dividend Builder, Elite Opportunities Fund, Ex-20 Australian Equities Fund, and High Growth Shares Fund) plus four SMA Model Portfolios, focusing on actively managed Australian shares with a selective contrarian investment philosophy. Antares Fixed Income manages ten fixed income products including the Diversified Fixed Income Fund, Income Fund, Cash Fund, Enhanced Cash Trust, Short Duration Credit Fund, various duration-focused bond funds, Inflation Linked Bond Fund, and Asset Liability Management solutions. The company provides investment management services to both personal and institutional investors through multiple distribution platforms.

Differentiator

Problem solved

Functional benefit

Brands

• Antares Equities: Australian equities division specializing in active management of Australian shares since 1994, offering core equity, long/short, mid-cap, blue-chip, and income-focused portfolios
• Antares Fixed Income

Products and services

• Antares Dividend Builder Actively managed concentrated portfolio of 13-25 Australian stocks (maximum 30) that aims to deliver tax-effective dividend income while preserving and growing capital through fundamental research-driven stock selection. Available to personal investors through platforms and advisers.
• Elite Opportunities Fund Actively managed concentrated portfolio of up to 30 Australian listed equities designed to outperform the S&P/ASX 200 Total Return Index over rolling five-year periods. Charges a 0.70% pa management fee with no performance fee; minimum investment $20,000.
• Ex-20 Australian Equities Fund Highly concentrated, style-agnostic portfolio of 25-30 Australian stocks outside the top 20 by market capitalisation, targeting mid-cap growth potential with greater sector differentiation. Charges 0.85% pa management fee plus 15% performance fee on net quarterly return above benchmark. Fund terminated effective 11 August 2026.
• High Growth Shares Fund Long/short diversified portfolio of 50-70 stocks with 125/25 structure aiming to deliver long-term capital growth through short selling and enhanced long positions. Charges 1.05% pa management fee plus 20% performance fee on returns above benchmark + 5% pa.
• Antares Diversified Fixed Income Fund Diversified fixed income portfolio investing in government bonds for diversification and shorter-maturity corporate bonds for enhanced returns, targeting the Bloomberg AusBond Australian All Maturities Composite Bond Index. Charges 0.35% pa management fee.
• Antares Income Fund Fixed income fund focusing on generating regular income while preserving capital and liquidity through actively managed high-credit-quality fixed income securities and cash, benchmarked to the Bloomberg AusBond Bank Bill Index. Charges 0.29% pa management fee.
• Antares Cash Fund Liquid portfolio of Australian money market and short-maturity fixed income securities designed to generate regular income and preserve capital. Offered to institutional investors.
• Antares Enhanced Cash Trust Trust actively managing Australian money market and fixed interest securities to generate returns exceeding the Australian bank bill rate with low tracking error. Offered to institutional investors.
• Antares Short Duration - Core Fixed Interest Actively managed fixed income portfolio targeting returns exceeding Bloomberg AusBond 0-3 Year or 0-5 Year Composite Bond Index through credit selection and yield curve strategies. Institutional product.
• Antares Short Duration Credit Fund Credit-focused fund targeting 125 bps above the bank bill rate through floating rate securities and investment-grade corporate bonds denominated in Australian dollars. Institutional product.
• Antares Long Duration - Core Fixed Interest Actively managed fixed income portfolio seeking to exceed the Bloomberg AusBond Composite 0+ Yr Index through top-down scenario methodology combined with robust risk management. Institutional product.
• Antares Long Duration - Enhanced Fixed Interest Long duration fund aiming to add steady incremental returns over the Bloomberg AusBond Composite Index with closely controlled volatility in excess return. Institutional product.
• Antares Inflation Linked Bond Fund Portfolio providing long-term inflation protection through Australian Commonwealth and Semi-Government inflation linked bonds and nominal securities. Institutional product.
• Antares Asset Liability Management Customised portfolio solutions matching liability profile key risks including cashflows, duration, and convexity using proprietary modelling software. Primarily serves insurance clients.
• Dividend Builder Model Portfolio (SMA) Separately managed account portfolio delivering regular dividend income through 13-25 listed Australian companies aligned with the S&P/ASX 200 Total Return Index.
• Elite Opportunities Model Portfolio (SMA) Highly concentrated SMA portfolio of 13-30 Australian shares positioned for significant long-term capital growth, delivered through platform partners.
• Ex-20 Australian Equities Model Portfolio (SMA) Actively managed SMA investing in Australian equities outside the top 20 by market cap for long-term capital growth with concentrated holdings.
• Blue Chip Top 20 Model Portfolio (SMA) Portfolio of the 20 largest Australian companies by market capitalisation targeting returns similar to the S&P/ASX 20 Total Return Index.

Quantifiable outcome

• Dividend Builder delivered 13.3% net return over 1 year (as at July 2026), outperforming benchmark by 7.3%
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• BetaShares: Australia's largest dedicated ETF provider, increasingly competing for retail and adviser flows on the same platforms where Antares distributes. Represents the structural shift toward passive that pressures Antares's active equity fee economics.

Direct peers

• DNR Capital: Australian boutique asset manager offering Australian equities, fixed income, and multi-asset strategies through adviser channels. Highly comparable boutique positioning, product set, and distribution approach to Antares.
• Bennelong Funds Management: Australian boutique manager focused on Australian and global equities distributed through adviser platforms. Comparable boutique scale, active management approach, and platform-led retail distribution model.
• Australian Ethical Investment: Australian asset manager offering ethically screened equities and fixed income funds via retail and institutional channels. Comparable scale, Australian-only mandate focus, and ESG-integrated active management approach.
• Magellan Asset Management: Australian boutique asset manager specializing in active global and Australian equities with concentrated, high-conviction portfolios. Closely comparable to Antares's equities division in philosophy, concentration approach, and target intermediary channel.
• Perpetual Limited: Major Australian asset manager offering Australian equities, fixed income, and multi-asset strategies distributed via advisers and platforms. Highly comparable across product breadth, distribution model, and institutional capability, and now includes the former Pendal Group.
• Platinum Asset Management: Active Australian equities manager with concentrated international and domestic portfolios targeting benchmark outperformance. Comparable in active management philosophy, benchmark-relative positioning, and intermediary-led distribution.
• Pendal Group: Australian asset manager with active Australian equities, fixed income, and balanced strategies (now part of Perpetual). Directly comparable product mix across asset classes and institutional/adviser distribution model.

Broad incumbents

• Vanguard Investments Australia: Australian operations of Vanguard, the global low-cost passive leader. Competes directly with Antares for retail flows on the same platforms, putting structural fee pressure on active strategies.
• BlackRock Australia: Australian arm of the world's largest asset manager, offering equities, fixed income, and multi-asset strategies including iShares ETFs. Competes with Antares for the same Australian adviser and institutional mandates but at vastly greater scale and predominantly passive orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Antares Capital