K2 Asset Management Holdings Ltd. announced that upon the passing of a members' resolution scheduled to take place in 21 days, that K2 has entered into an investment management agreement with Apostle Funds Management Pty Limited to become the responsible entity of the Apostle Dundas Global Equity Fund with funds under management of AUD 1.02 billion as at 30 October 2020. Under the contract, K2 will also provide an enhanced distribution model and a platform to launch an active ETF aligned with the global equity mandate.