Scharf Investments Global Equity Strategy awarded mandate from a key Nordic Pension Fund

Scharf Investments, a Partner of iM Global Partner, has been awarded a significant investment mandate ($400+ million) from a well-known Nordic pension fund for one of its core equity strategies, the Scharf Global Opportunity Strategy. 

The strategy is a concentrated global portfolio of around 30 stocks and seeks to deliver outstanding longterm risk-adjusted returns using a quality value, fundamental and bottom-up approach. 

The strategy was first launched in the US in 2014 as the Scharf Global Opportunity Fund (WRLDX) and was rated 5 stars by Morningstar as of 31 December 2022. Since inception, the fund has consistently been ranked highly and was in the top 4% of the 40-act Global Large-Stock Value category as of 31 December 2022. 

In addition, iM Global Partner’s internal analysis shows that this fund offered better risk-adjusted returns than its ten largest peers in the US, since its launch in October 2014, with the best Sharpe ratio and less drawdown. This strategy has also recently been made available to investors in a UCITS format, via the iMGP Global Concentrated Equity Fund.