Javelin Capital, an asset manager specialising in global equities, has launched.
It is backed by Majedie Investments, which has an initial 70 per cent holding.
In setting up this subsidiary company, Majedie Investments is seeking to repeat the success of a previous venture, Majedie Asset Management, in providing seed money and operational capital to a specialist asset manager.
Javelin Capital will focus on global and emerging markets equities, using investment approaches with the goal of achieving consistent high return, low volatility performance. It will run long-short and long-only funds and mandates, using a multi-strategy equity approach, on behalf of pension funds, institutional investors and high net worth individuals.
Javelin Capital’s investment team comprises several experienced investment personnel including Victor Pina, chief investment officer, and Nick Rundle, who will manage income generating assets. It is led by chief executive Gerry Aherne, a director of Henderson Group, Majedie Investments, Electric and General Investment Trust and Mecom Group.
