Alexander Darwall's Devon Equity Management joins Group of Boutique Asset Managers

Group chaired by Skagen Funds CEO

Alexander Darwall’s Devon Equity Management has joined the Group of Boutique Asset Managers (GBAM), a global network of managers that promote the value of boutique asset management.

Founded in 2019 by Darwall and former colleagues Richard Pavry and Luca Emo, Devon invests primarily in long-only European equities as the manager of European Opportunities Trust, which has outperformed Berkshire Hathaway since it was launched by Darwall more than 20 years ago. Four managers have 'beaten Buffett' over the past two decades Devon has also recently launched a Luxembourg SICAV comprising a European equities strategy and a long-only global equities strategy. GBAM was established in 2013 as a "global network of like-minded, senior executives of independent management fir...