Heptagon Adds Two Equity Funds To UCITS Platform

Sandra Kilhof

26 February 2014

, the London-based investment management firm, has launched two new global equity funds on its Irish UCITS platform: the Oppenheimer Global Focus Equity Fund and the Kopernik Global All-Cap Equity Fund. This takes the number of funds on the platform to five.

The Oppenheimer strategy that is now available to professional UCITS investors, combines a thematic approach to idea generation with fundamental company analysis. New York-based portfolio manager Randall Dishmon, started the strategy in October 2007 and focuses on durable businesses with sustainable structural tailwinds and good economics. Critically, he looks to buy when there is a large gap between market price and what the company is worth to an informed buyer. As such, the firm operates with a 3-5 years investment horizon for this high-conviction, actively-managed, benchmark-agnostic strategy. Dishmon is an employee of OFI Global Asset Management, a wholly owned subsidiary of OppenheimerFunds.

The actively managed Kopernik Global All-Cap Equity Fund is being managed by Dave Iben of Kopernik Global Investors in Tampa, Florida. The strategy pursues a global, bottom-up, research driven approach that focuses on identifying market inefficiencies through independent analysis. As such, the fund has achieved an annualised return of 9 per cent from March 2006 to March 2012, compared to 2.8 per cent for the MSCI All Country World Equity Index.

Heptagon’s Ireland-domiciled UCITS platform has $2.8 billion in assets under management, while the firm itself has over $8.4 billion in assets under management.