This was our first introduction to the fund and team. The company was founded in 2015 by Jacob Mitchell. He previously worked at Platinum Asset Management for 14 years before setting up Antipodes Partners in 2015. The company started with six people and now has 41 staff. In terms of performance the strategies they manage did well up to mid-2018 but since then their style of investing has been challenged.
This really leads onto one of the challenges all asset allocators have now. We know what has done well in the past, we just don’t know what will do well moving forward. They view this strategy as pragmatic value. This looks across three areas:
Business resilience – there are multiple ways of winning which include competitive dynamics, product cycle, regulatory, management/financial/ESG and macro/style….read more