Sun, Apr 19, 2015
A A A
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

amb
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. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner