Avenir Global Fund - Retail Class
Boutique fund manager Avenir Capital has launched a retail class of its flagship concentrated global equities fund, the Avenir Global Fund (the Fund), which is available to investors through Fidante Partners.
According to Avenir, the Fund aims to provide superior long-term (3-5 year) performance by building a concentrated portfolio of 15-30 undervalued global equity securities.
Commenting on the launch, Avenir chief investment officer, Adrian Warner, said: “We invest with a longer time horizon than many other investment managers as we believe that, given time, the underlying value of a well-chosen business will always prevail over short-term mispricing that may occur in a company’s securities. This ‘time arbitrage’ is one of the most important weapons in our armoury."