Management
| ISIN | IE00BH0WN163 |
|---|---|
| Share Class | Accumulation |
| Ongoing Charge | 0.9% |
| Annual Management Charge | 0.75% |
| Manager Company | ARGA |
|---|---|
| Fund Type | Open Ended Investment Company |
| Benchmark | Global Large-Cap Value Equity |
| Domicile | IRL |
| For Sale in | United Kingdom, Ireland |
| Name | Steven Morrow |
|---|---|
| Since | 30 December 2013 |
| Bio | Before joining ARGA in 2010, Mr. Morrow was Portfolio Manager - Global Proprietary Trading, Bank of America Merrill Lynch, where he oversaw Global Consumer and Transportation investments. From 2002 to 2009, Mr. Morrow was a Partner and Portfolio Manager at Cumberland Associates, LLC, where he was lead manager for long/short investments in the Consumer and Transportation sectors. Before that, Mr. Morrow was Managing Director, Portfolio Manager/Equity Research Analyst at Citigroup Asset Management. He previously worked at Dreyfus Corporation as an Equity Research Analyst. Before entering the investment profession, Mr. Morrow played Professional Hockey with the Philadelphia Flyers. Mr. Morrow graduated with an M.B.A. from Cornell University in 1998 and a B.S. in Business Administration from the University of New Hampshire in 1993. Mr. Morrow is a Chartered Financial Analyst. |
| Name | Robert Mitchell |
|---|---|
| Since | 30 December 2013 |
| Bio | Before joining ARGA in 2010, Mr. Mitchell was Director, Investor Relations at Citigroup, where he liaisoned with the investment community and handled quarterly releases and regulatory filings. From 2004 to 2009, Mr. Mitchell was Director, Investor Relations at Fannie Mae, conducting research and analysis. Previously, Mr. Mitchell was Equity Research Analyst, Financial Services at Citigroup Asset Management. Earlier, he was Strategy Consultant at Marakon Associates. Mr. Mitchell graduated with a Ph.D. in Finance from Carnegie Mellon University in 1997, an M.B.A. from Duke University in 1989, and a B.S. in Industrial Engineering from North Carolina State University in 1985. |
| Name | A. Rama Krishna |
|---|---|
| Since | 30 December 2013 |
| Bio | Mr. Krishna has over 25 years’ experience in managing global equities. Before founding ARGA in 2010, Mr. Krishna was President, International of Pzena Investment Management (NYSE: PZN) and Managing Principal, Member of Executive Committee, and Portfolio Manager of its operating company in New York. While at Pzena from 2003 to 2010, he led development of the International Value and Global Value strategies, co-managed the Emerging Markets Value strategy, and managed the US Large Cap Value strategy. Mr. Krishna was previously at Citigroup Asset Management, where he was Chief Investment Officer and Head of Institutional and International. He also represented the asset management business on the Citigroup Management Committee and directly managed the Global Emerging Markets Equity strategy. Before that, Mr. Krishna was Director of International Equity Research, Portfolio Manager, International Equities and Chief Investment Officer, Emerging Markets Equities at AllianceBernstein in New York, London and Tokyo. Earlier, he worked at Credit Suisse First Boston in New York, Tokyo and Singapore, first as Equity Research Analyst and later as Chief Investment Strategist and Director - Equity Research. Mr. Krishna earned a joint M.B.A./M.A. in Asian Studies with a Japan Specialization from the University of Michigan in 1987 and a B.A. (Honors) in Economics from St. Stephen’s College, The University of Delhi in 1984. He received University of Michigan’s Prize Fellowship in Japanese Business and University Fellowship, and Middlebury College Scholarship. He was on the MSCI Editorial Advisory Board and is a Chartered Financial Analyst. |
The Fund's goal is to maximise clients' wealth over time by generating superior long-term returns. The Fund aims to achieve this goal by investing primarily in equity and equity-linked securities in both developed and emerging markets. The Fund may invest in non-US issuers through depositary receipts and participatory notes. The Fund may also invest in stocks purchased in underwritten initial public offerings of equity securities. The Investment Manager generally seeks diversification rather than concentration by industry, country or currency when valuation spreads are narrow. However, the Fund may have significant concentration in particular industries from time to time (up to 30% of NAV of the Fund). The Fund may invest in pooled real estate investment vehicles such as real estate investment trusts. For short-term cash management, the Fund may invest in cash and/or investment grade money market instruments with maturities up to one year. The Fund is managed in reference to MSCI All Country World Index (Net) USD (the "Benchmark"). The Fund’s performance is compared to the Benchmark in marketing materials and the performance fee for the Fund is calculated based on the Benchmark, as disclosed under the heading “Performance Fee” below. The Benchmark represents the best approximation of the universe of securities in which the Fund may invest. The Fund’s investment policy is not constrained and the degree of deviation from the Benchmark may be significant. Class A USD$ Shares do not pay a dividend. Any income arising is retained in the Fund and reflected in the value of the share class. Shares in the fund can be bought and sold on any business day in Ireland. Recommendation: this Fund may not be appropriate for short-term investment. Please refer to the Prospectus and Fund Supplement for more detailed information.