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| Fund Overview | 1. Markets change and evolve, constantly stressing quantitative models. They believe their discretionary approach to portfolio management is the most appropriate manner to manage their wealth and their client's wealth. 2. Their platform and mandate allows them to achieve the scale, access and diversification needed to deliver high quality risk adjusted returns. 3. They believe, 'To achieve superior investment results, your insight into value has to be superior. Thus you must learn things others don't, see things differently or do a better job of analysing them -ideally, all three.' Howard Marks, Founder, Oaktree Capital Management (Oaktree Capital Management is a global investment management corporation with USD82b of assets under management). |
| Manager Comments | KIS remain wary of the downside risks caused by the ongoing repercussions from the Greek debt restructuring as well as potential for further tensions between Israel and Iran. However, in the absence of these the manager expects equity markets to continue to perform, although probably not as strongly as in the first two months of the year. In this environment KIS believe that as the macro issues subside, stock-picking will be rewarded which will benefit the Fund's investment process, although they will reduce risk again if this does not eventuate. |
| More Information | » View detailed profile of this fund |
