Quaero Capital rebrands Family Enterprise fund
Swiss asset manager Quaero Capital has rebranded its Argos Funds – Family Enterprise fund as Argos Funds – Smaller European Companies, effective since 17 July 2017.
In the last fund’s monthly report, the boutique specifies that renaming the fund will help to better reflect the investment universe.
“Over the years, investing in listed family-owned companies has increasingly become a core focus for all the funds run by the Quaero Smaller Companies team with over 50% of the assets of the Argonaut and Swiss funds currently invested in family-owned companies,” Quaero Capital said.
No change has been made to the management team (Marc St John Webb and Philip Best) and to the fund’s philosophy.
The fund will continue to invest in European listed smaller family-owned companies with a value, open-minded/contrarian and bottom-up fundamental approach.
Also it will now provide daily liquidity whereas it was hitherto offering weekly liquidity and with a 10-days’ notice period for redemptions.
The Argos Funds – Smaller European Companies has returned 72.1% since inception in December 2007 to 30 June 2017.