OLD MUTUAL EUROPEAN BEST IDEAS FUND
The Old Mutual European Best Ideas Fund aims to achieve asset growth through investment in a well-diversified portfolio of equities or equityrelated securities of European issuers or of issuers established outside Europe which have a predominant proportion of their assets and/or business operations in Europe.
REASONS TO RECOMMEND
The manager aims for consistent outperformance of the peer group through concentrating on the best ideas of a group of ‘star’ fund managers, creating a concentrated, performance-oriented fund of between 50 - 100 stocks.
The focus is on producing significant excess returns from a portfolio of high conviction ideas, with an emphasis on effective active positions.
The fund targets a high ‘active share’ component by aiming at a portfolio that is significantly different from that of the reference index.
A FOCUS ON EXECUTION
Lee’s unique focus on how high-conviction ideas are executed, utilising proprietary ‘tools’ (both for the purposes of trading and managing the team) drives the investment process.
WHAT YOUR CLIENTS CAN EXPECT
The fund comprises the best stock ideas of a team of ‘star’ European fund managers, who are encouraged to pursue their highest conviction ideas, unconstrained by benchmarks, and so seek a high level of alpha throughout the market cycle.