Mirabaud's Narula: How we've beaten our peers without any of the FAANGs

Manager praises Global Equities Focus fund outperformance

Lauren Mason
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Anu Narula of Mirabaud
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Anu Narula of Mirabaud

A focus on "sustainable winners" has led to the $282m Mirabaud Global Equities Focus fund significantly beating its sector average and the MSCI AC World index over one, two and three years – as well as since its launch to the broader UK retail market in 2015 – without holding any of the high-growth FAANG stocks, according to manager Anu Narula.

Narula, who has headed up the fund since its initial launch in 2013, said he does not hold Facebook, Apple, Amazon, Netflix or Google, for various company-specific reasons. Investing in FAANGS: Ethical...

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