| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The main driver of identifying potential investments will be bottom up company analysis, however macro-economic conditions will be considered as part of the investment thesis for each stock. |
| Manager Comments | Positive contributors in January mentioned in the latest report include Pinnacle Investment Management (+24.5%), Emeco Holdings (+14.0%). Detractors included Macquarie Atlas Road (-8.7%), Moelis Australia, Alliance Aviation Services and Hotel Property Investments. Glenmore believe the volatility seen earlier in February is likely to continue until more data is released. Glenmore's focus will be on identifying quality businesses that are undervalued and can outperform over the long term, rather than attempting to predict short-term movements in global markets. Given the Fund's significant cash weighting, Glenmore are optimistic that any volatility driven by macro concerns will provide some opportunities to invest in high quality businesses that have been oversold. |
| More Information |
