Manager Overview

Firetrail is an investment management boutique founded in 2018. The firm was established with a goal to align our people with our clients. Importantly, the firm is majority owned by our investment staff and the team is invested alongside our clients in the investment strategies. Pinnacle Investment Management Limited are partners and minority shareholders in the business. Prior to establishing Firetrail, the portfolio management team including Patrick Hodgens, Blake Henricks and James Miller worked together at Macquarie for over a decade. The team were responsible for managing the Macquarie High Conviction Fund, which delivered 10.6% p.a. (after fees) from inception in November 2005 to October 2017.

Manager's responsible investing approach

Firetrail is an investment management boutique which is majority owned by the Firetrail investment team. Additionally, the investment team is invested alongside clients in the investment strategies. Firetrail recognises that environmental impacts, such as climate change, can impact the value of investments, and aims to incorporate fundamental views on the impact of climate change in its investment decision making. Therefore, ESG issues are a key component of the Firetrail investment process. By integrating ESG criteria into its investment process, Firetrail attempts to directly influence companies to improve performance to the benefit of its investors. It has a clear ESG policy based on principles of ownership, measurement and engagement. 

Firetrail's ESG engagement aims to contribute to a more stable, sustainable, and inclusive global economy. In FY23, Firetrail conducted more than 330 company meetings with an explicit focus on Environmental, Social or Governance issues. As part of its commitment to integrate ESG matters into our investment process, Firetrail is a signatory to the United Nations-backed Principles for Responsible Investment and acknowledges the findings of the Intergovernmental Panel on Climate Change and supports the United Nation Paris Agreement.