{"id":2409,"date":"2004-02-26T00:00:00","date_gmt":"2004-02-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-fundmanager-in-a-stock-picking-class-of-his-own","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2004\/the-fundmanager-in-a-stock-picking-class-of-his-own.html","title":{"rendered":"The fundmanager in a stock-picking class of his own"},"content":{"rendered":"<p>HE might not be sure how many, if any, A levels he took but British-born Anthony Rawlinson has a good enough stock-picking brain for his $500 million (Pounds 265 million) global value equities fundto be top of the performance tables.<\/p>\n<p>  Mercer Investment Consulting has just ranked Rawlinson&#8217;s fund first of 100 after growth last year of 65.8%, some 16% above runner- up Orbis Investment Management and the highest of any such fund  since the 1999 dot com boom.<\/p>\n<p>  Rawlinson, 48, is chief investment officer of the fund, which operates under Singapore-based Global Value Investment Portfolio Management, the company he co-founded eight years ago.<\/p>\n<p>  Known for his bow-ties, he picks up almost Pounds 5 million a year in fees.<\/p>\n<p>  While hedge funds have stolen the headlines for performance over the past year, Rawlinson believes he will continue to beat the market by sticking to going long on a handful of stocks. There are  only 25 companies in his fund.<\/p>\n<p>  &#8220;Some months I hardly trade. I hold some stocks for up to five years &#8211; buying businesses with two dynamics: single defined niche businesses and those with a strong discount to market who can  execute business plans. When it works, the stocks go whoosh,&#8221; he says.<\/p>\n<p>  The fund charges a set fee of about 0.5% of funds under management for the bulk of the institutional money he manages. &#8220;For some, I can do performance-related fees &#8211; I could make more, 2% or 3%,&#8221;  he says.<\/p>\n<p>  Not bad for someone who left school with only five O levels and can recall studying for, but can&#8217;t remember if he took, a French A level at college.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HE might not be sure how many, if any, A levels he took but British-born Anthony Rawlinson has a good enough stock-picking brain for his $500 million (Pounds 265 million) global value equities fundto be top of the performance tables. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2409","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=2409"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2409\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}