News Articles for Dermot Woods

GESB represents more than 60 per cent of the WA funds management sector, but diversity is emerging.

Investors get the pick of about 50 WA-based funds, which have mostly enjoyed a better year.

Our weekly appointments wrap includes Tanya Moran, Tim Judd, Stephen Brown, Rob Gordon, Dermot Woods, Alan Rule, Steven Wood, Chloe Mason, Craig Carter, Michael Sucher, Gareth Reynolds, Mark Calderwood and Brock Neeling.

Perth equity fund managers are having to look harder for value after generating very strong returns during the past year.

Plico Energy has locked in $2.4 million from investors while also agreeing to a $1.6 million debt facility with a major lender, with the funds to go towards its WA marketing initiatives.

Perth-based fund managers beat the market last financial year but are divided on future investment strategies.

Euroz subsidiary Westoz Funds Management has emerged as a strong critic of the proposed takeover of Zenith Energy, one day after Zenith revealed the scheme was at risk of failing.

Westoz Investment Company stated that it almost tripled its reported profit in the 2014 financial year, with an increase in after tax profit from $7.4 million last year to $21.2 million.