Tue, Oct 25, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ethical value investing fund plans on becoming more active

Wednesday, July 09, 2014

Abdulaziz A. Alnaim
Benedicte Gravrand, Opalesque Geneva for New Managers:

The manager of a three-year old ethical value investing fund talks about the types of companies he searches, economic moat, value strategies and his activism plans.

Abdulaziz A. Alnaim, 
President and Fund Manager at
 Mayar Capital Management, a $21m Cayman-registered asset manager with offices in Al-Khobar, Saudi Arabia, recently talked to Opalesque about the Mayar Fund.

This $11m fund, according to separate documents, is up 14.6% YTD (to end-May), compared to the MSCI World index’s 21.87%. It has annualized 12.4% since inception in mid-May 2011 (compared to the MSCI index at 10.9%), accumulating 46% (MSCI 37%).

The fund mainly invests in equities globally ands seeks to achieve its objective over the long term (defined as a minimum of five years) by applying a disciplined value investing strategy to the selection of securities. It only invests in securities that comply with Islamic ethical standards, aka the Sharia standards.

The managers at Mayar try to identify the types of companies that they want to own before deciding whether the prices are attractive, he explains. And the most important thing they look for is an economic moat; "some sort of barrier to entry that keeps competitors away and gives the business the ability to earn superior economic retur......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From Thisismoney.co.uk: The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From CNBC.com: Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Marketwatch.com: Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Forbes.com: Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa