Thu, Oct 30, 2014
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. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  2. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  3. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  4. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t

  5. Hedge funds fell 1.18% in September on Fed tightening and ECB loosening[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell 1.18% in September on Fed tightening and loosening of the European Central Bank’s policy on equity markets, according to the Barclay Hedge Fund Index co