Tue, Apr 25, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Agilith North American Diversified Fund returns 47.9% in first three years

Tuesday, October 19, 2010
Opalesque Industry Update - Agilith Capital Inc. announced that its flagship fund – the Agilith North American Diversified Fund (NAD Fund) - has completed its third year of operations. Launched in October 2007, the Fund has achieved an exceptional three-year return of 47.9%, representing a compound annual return of 13.9% as compared to major North American indices which registered declines between 4% and 20% over the same period.

The NAD, based on the strength of its performance, was named a winner at the Canadian Hedge Fund Awards in the category of Best 1-Year Return among New Funds. This achievement follows Agilith’s Bronze Medal for Best Hedge Fund Newcomer at the 2009 Canadian Investment Awards Gala.

“We are extremely pleased to be recognized for our outstanding returns to our investors and look forward to continuing to deliver superior performance,” said Mr. Patrick Horan, Portfolio Manager and co-founder of Agilith Capital Inc. “Using our experience and agility to navigate these challenging markets allowed us to capitalize on market volatility. We believe our track record of returns is a direct result of our investment process, which combines our deep understanding of underlying business models with our ability to act quickly on market opportunities.”

The Fund’s core strategy is based on constructing a high conviction portfolio of North American equities, which favours stock picking over indexing. Inherent in the strategy is the belief that exceptional returns are the result of superior business models. With the ability to make quick and decisive investments, the Fund is also designed to capitalize on market opportunities and extremes in investor sentiment. The fund is structured as a long/short Fund with investments in North American publicly traded equities outside of the resource sector. Following this disciplined investment strategy, the Fund has achieved outstanding performance.

Lead portfolio managers, Patrick Horan and Andrea Horan, are industry veterans having a combined 35 years of experience in the capital markets, displaying superior stock picking abilities.

With over 20 years of industry experience, Patrick Horan has built a reputation as a top performing mutual fund and pension fund manager. Prior to co-founding Agilith, he co-managed an equity fund that exceeded $1 billion in assets at Legg Mason Canada.

Prior to helping found Agilith Capital, Andrea Horan was a founding partner and Director of Research at Genuity Capital Markets and Westwind Partners prior to that. She received top rankings in both Brendon Woods and Greenwich institutional investor surveys during her 13 years as a sell-side media analyst. She has used her skills in business analysis and valuation in identifying high growth potential and value opportunities for the Fund.

(press release)

About Agilith Capital Inc.
Agilith Capital is a Toronto-based investment manager founded in 2007. The Company was established to capitalize on the partners’ core belief that superior performance can be generated through focused strategies and in depth industry experience. Our mission is to generate wealth for investors through relentless analysis without the constraint of focusing on market capitalization or maintaining index weightings. Corporate website: www.agilith.com

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low', Asia CIOs say "non" to Europe, Billionaire Mike Novogratz says he has 10% of his money in Bitcoin and Ether[more]

    Hedge fund Ecofin says EDP bid for renewable energy unit 'egregiously low' From Reuters.com: London hedge fund firm Ecofin said an offer from Portugal's largest company EDP to buy 22.47 percent of subsidiary EDP Renovaveis "significantly undervalues" the company, in a letter to EDPR's bo

  2. Alternative asset firm YieldStreet surpasses $100m of loans funded in less than 8 quarters[more]

    Komfie Manalo, Opalesque Asia: Alternative asset investment platform YieldStreet reported that it has surpassed $100m in loans funded in less than eight quarters from accredited investors and single family offices. YieldStreet was founded by Milind Mehere and Michael Weisz. In a

  3. Investing - Investor appetite for high-growth IPOs to be tested, Apollo boosts fund's stock allowance for 'diamonds in the rough', Hedge funds uncertain over outlook for Hargreaves Lansdown[more]

    Investor appetite for high-growth IPOs to be tested From FT.com: The US listings market is poised for a busy week with deals that will test investors' appetite for high-growth - but lossmaking - companies. Eight new listings are scheduled for this week, the most since October of 2016,

  4. Hedge funds holding Puerto Rico bonds are looking at a long battle[more]

    Komfie Manalo, Opalesque Asia: Hedge funds which bought Puerto Rico's distressed debt bonds are facing the prospect of a long road ahead to recover their investments as the Caribbean island is attempting to use a U.S. Congress-approved rule that allows it to exploit a bankruptcy-like proceedings

  5. Aris Wealth' quant indices fare well[more]

    Benedicte Gravrand, Opalesque Geneva: Last year, Geneva-based Aris Wealth Management launched indices sponsored by Societe Generale Corporate & Investment Banking. These indices replic