Underperforming Orbis funds 'delivered value for money in 2019'
Firm's first AoV report
Orbis Investments’ fund range “delivered value for money in 2019”, despite all three vehicles underperforming their benchmarks over the course of the year, according to the firm’s first Assessment of Value (AoV) publication.
The firm's funds board claim that Orbis' innovative fee structure, whereby no performance fee is paid during periods of underperformance, meant that the three funds - Orbis Global Equity, Global Balanced...
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