Kardinia Capital is a boutique asset manager investing in Australian equities via an absolute return, variable beta, long/short strategy. Kardinia was established in 2011 in partnership with Bennelong Funds Management, after the strategy was incepted in 2006. The business is managed by Kristiaan Rehder, supported by Mark Burgess and Stuart Larke. Between them, they have a combined 80 years of experience in stock picking and managing money for clients. The Bennelong Kardinia Absolute Return Fund aims to generate consistent positive returns in all market conditions, with an overarching philosophy of capital protection. It gives investors variable exposure to the equity market, but with the flexibility of both minimising losses in equity market drawdowns and providing lower volatility than the market.