Orbis Investments funds Global Equity fund, Global Balanced fund and Global Cautious fund OEICs are now available through the 7IM Platform, making the funds available on 20 UK platforms, the firm says.
Dan Brocklebank, head of Orbis Investments in the UK, said the Orbis team believes current markets offer “a very exciting time… for investors with a long-term perspective”.
“Valuation spreads remain exceptionally wide, even after the rotation in markets since November, and we believe our high-conviction, value-oriented portfolios are well positioned to benefit from this historically extreme dislocation.
“At the same time, the standard 60/40 index also looks more expensive than it ever has done in the past and particularly vulnerable to a regime change in markets. Rather than setting asset allocations on autopilot, we believe it’s critical to be highly selective and our multi-asset funds (Global Balanced and Global Cautious) offer a meaningfully different alternative for investors and their advisers who share our concerns about valuation risk.”
Marcel Bradshaw, head of UK retail at Orbis (pictured), added: “We don’t follow the crowd. Our contrarian investment approach can help investors achieve their long-term goals and we are more excited about the opportunity to do so than we have been for some time. 7IM is known for excellent client service among the IFA community and we are delighted that our funds will now be accessible through this platform, enabling us to reach more advisers who are looking for solutions which are particularly relevant for market conditions now.
“As far as we are aware, Orbis is the only fund manager in the UK to operate a refundable performance-based fee with no base component; clients pay no ongoing charges and during periods of underperformance, performance fees are refunded. Clients therefore only pay fees if we add value through our investment decisions and even new clients today can take advantage of a significant fee-free performance window.”
