Paul Moore
PM Capital has been awarded a new global equities mandate by Alpha Fund Managers.
Alpha has cited PM Capital’s Global Companies Fund’s “long term track record and high conviction approach” when awarding the mandate.
PM Capital has been appointed to provide investment expertise to Alpha’s diversified ‘fund of fund’ international equities strategy.
William Wang, Head of Funds Management at Alpha Fund Managers, said: “We found PM Capital’s high conviction, concentrated style and long term track record particularly attractive.
“Its ability to successfully and consistently add value over the long term fits well with our belief that benchmark unaware investment managers can generate above market returns over the medium to long-term.
“PM Capital’s style characterised by exploiting anomalies in the market also blends well with our other mandated managers.”
Paul Moore, Portfolio Manager of the Fund, said: “We see an alignment of philosophies with Alpha, particularly given its commitment to long term investment.
“We are looking forward to providing Alpha’s clients with the benefits we can derive from finding and exploiting market anomalies around the world.”
PM Capital has a Global Equity strategy ranked number one for performance by Morningstar in its peer group over 1,3,5,7 and 8 years.* The PM Capital Global Equities Fund has produced annualised returns 4.6% above the relevant benchmark since inception.**
