Australian-based quant manager RQI investors is launching a UCITS vehicle of its global value strategy for Singaporean, UK, European and Canadian investors.
The new vehicle has secured seed funding of $20m from a family office and $30m from RQI Investors’ parent company First Sentier Investors, the company said in a statement.
The firm’s flagship strategy collectively manages $6.5bn on behalf of clients, making up almost half of its $15.4bn total assets under management. The UCITS launch marks RQI Investors’ first investment vehicle outside of Australia.
RQI Investors’ chief executive Andrew Francis said: “The global value strategy is systematic, removing the issues of key person risk, is value-titled and contrarian in its approach.”
“It has a higher yield and lower valuations than the market cap index, providing strong diversification benefits from index investing.”
The strategy is managed by Joanna Nash, Ron Guido, and Wang Chun Wei and the firm’s head of investments, David Walsh.
The managers have quantitative backgrounds hailing from firms that include BlackRock, Marshall Wace and State Street Global Advisors.
Francis said: “The global value strategy has an impressive 16-year track record, is highly regarded by global asset consultants and has excellent Australian based research house ratings.”
Commenting on the scale of seed funding secured by the new vehicle, he said it was “a huge endorsement” of the team and its strategy.
Portfolio manager Walsh, said: “We’re very pleased to be bringing the RQI Investors Global Value Strategy to new investors; the UCITS fund is well-placed to take advantage of the current market dynamics, where US-led concentration looms large.”
