Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

SVG unleashes UK and European unconstrained public equity funds

SVG unleashes UK and European unconstrained public equity funds

SVG Investment Managers is to unleash two of its unconstrained funds into the wider market.

The specialist public equity arm of private equity arm SVG Capital has won FSA approval to launch the SVG UK Focus and SVG European Focus fund on retail investment platforms. Both are Dublin-domiciled Oeics with the former managed by Jamie Seaton and Adam Steiner (pictured) and the latter by Andrew Goodwin,  

Both funds apply private equity techniques used in the epnoymous SVG Capital trust to public markets.

They adopt a bottom-up, stock-picking approach to invest in quoted companies that the managers believe are undervalued from a private equity perspective.

The funds are unconstrained by market indices and each invests in a focused portfolio of up to 35 companies.

According to data cited by SVG, the UK Focus Fund was ahead of its peer group according to Bloomberg on a one, two, three and five year basis as at 28 February.

Meanwhile the SVG European Focus Fund was one of the top performing funds in Europe over the last two years according to the Lipper survey of Europe excluding UK funds.

Steiner, who is also chief executive of SVG IM, said: 'The SVG UK and European Focus Funds have an impressive track record of delivering market-beating returns through their use of private equity techniques in the public markets and unconstrained approach to investing. We are delighted that these Funds have obtained FSA recognition and can now be available to a wider number of investors through retail platforms.'


Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the FED

Winter market warmers, the post QE world and timing the FED

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Wealth Manager on Twitter