Ashburton looks to Africa with first UCITS fund

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The Luxembourg-domiciled Africa Equity Opportunities Fund to be led by Paul Clark.

Aimed at experienced retail and institutional investors, including the private wealth and family office space, the fund will target undervalued listed African equities (ex-South Africa) across various sectors to achieve long-term capital growth. Paul Clark will be the lead adviser to the Fund, bringing over 15 years’ experience in African listed equity markets. Based in South Africa, Clark will be travelling extensively within the continent meeting with companies to assess their value first hand. Benefiting from an unconstrained approach, he will run a high-conviction portfolio, using a ...

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