Castle Point writes down scandal-hit Corporate Travel Management stake

Castle Point Funds chief investment officer Tim Chesterfield. (Image: Supplied)

Tue, 09 Dec 2025

Castle Point Funds has written down the value of its Corporate Travel Management stakes by almost two-thirds amid a major accountancy scandal that rocked the Australia-listed outfit.The “adjustment” to holdings in each of its Ranger and Trans-Tasman funds would be “actively reviewed as more information becomes available”, Castle Point’s chief investment officer, Tim Chesterfield, said. Shares in Corporate Travel Management (CTD) have been placed in a trading hold after a forensic review found errors...

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