Edinburgh based asset manager Aubrey Capital Management has announced that two of its flagship funds, the Aubrey Global Emerging Markets Opportunities Fund and the Aubrey European Conviction Fund, are now registered for sale in Spain.
Retail and Institutional investors can access the funds via the Banco Inversis platform.
The GEM fund managed by Aubrey founding partner Andrew Dalrymple and Investment Managers John Ewart and Rob Brewis targets investment returns through long term capital appreciation by investing in Emerging Market companies that benefit from the wealth progression of their consumers. It focuses on companies with a return on equity (ROE), earnings per share (EPS) and cash return on assets (CROA) greater than 15%, buying stocks on a price to earnings (PEG) ratio below 1x.
The European Conviction Fund, managed by Sharon Bentley-Hamlyn, one of the top-performing fund managers in Europe, invests in securities listed on Western or Emerging European exchanges to achieve long term capital growth. It is a high conviction fund focused on cash generative growth stocks with sound balance sheets. Its objective is to generate significant absolute returns over the longer term.
Aubrey registered the funds in Spain due to high demand from clients who wish to use local fund platforms. It plans to bring its GEM and European Conviction Funds to other Spanish platforms later this year.
Aubrey founding partner Andrew Dalrymple commented, “Spain plays a pivotal role in the asset management industry, and our Global Emerging Markets and European Conviction funds have now reached a size where we can offer them to the market.”
“We’re looking forward to seeing what we can achieve in Spain”, said Dalrymple.
Álvaro Ferrando, Head of Inversis’ fund distribution platform, said, “With the incorporation of Aubrey funds on our platform, Inversis takes another step forward on our constant commitment to offering the broadest product catalogue to our customer base, whilst fulfilling a rising demand for the best in class asset range; more than 130 institutional clients currently operating via the Inversis-Funds Globe platform shall have immediate access to the funds”.
Notes to editors
About Aubrey Capital Management
Aubrey is a signatory of the Principles for Responsible Investment (PRI) and has an integrated ESG evaluation in the investment process. Both funds, which are Luxembourg based Société d'investissement à Capital Variable (SICAVs), are currently in the process of becoming recognised as Article 8 under the EU Sustainable Finance Disclosure Regulation.
Aubrey Capital Management Ltd is a specialist investment manager with a focus on global conviction funds. Founded in 2006 and incorporated in Edinburgh, Scotland, Aubrey is a privately held company with all its shareholders actively involved in managing the business. The Aubrey team has collective investment experience of over 120 years in the UK, USA, Europe, Asia and Emerging Markets, and an impressive track record of managing similar global funds in the past.
Compliance Notes
This press release is specifically provided for use by media representatives in the UK. This document has been issued by Aubrey Capital Management Limited, which is authorised and regulated in the UK by the Financial Conduct Authority.
You should be aware that the regulatory regime applicable in the UK may well be different in your home jurisdiction.
*The Aubrey Global Emerging Market Opportunities and the European Conviction Funds are domiciled in Luxembourg and the UK.
For more information on Aubrey Capital Management, go to www.aubreycm.co.uk or contact the sales team at clientservices@aubreycm.co.uk.
Ends/
Issued by:
Sam Shelton
Fortuna Asset Management Communications Ltd.
Tel +44 (0) 7540 336998
Em: sam@fortunaamc.co.uk