Claremont Global Fund
Evans and Partners has launched a retail arm - Claremont Global Funds Managers - and made available its international equities strategy to retail investors via the Claremont Global Fund.
The high conviction fund invests in 10 to15 stocks and targets 8-12 per cent per annum in absolute returns over a period of five to seven years with a focus on long-term capital preservation.
“The investment team responsible for the strategy has delivered consistently strong and differentiated alpha for Evans and Partners clients ― and now external investors can access the same opportunity," Claremont Global head of distribution, Charlie Wapshott said.
The fund is managed by portfolio managers Bob Desmond and Adam Chandler and has $1 billion in funds under management for Evans and Partners clients.