The RM Targeted Investment Opportunities I strategy was launched in October 2020 by RM Funds to allow investors to capitalise on the market dislocation in real asset prices and listed securities created by the global health pandemic. Now closed, the strategy has returned 36.8 per cent to investors.
The RM Targeted Investment Opportunities I strategy was launched in October 2020 by RM Funds to allow investors to capitalise on the market dislocation in real asset prices and listed securities created by the global health pandemic. Now closed, the strategy has returned 36.8 per cent to investors.
The TIO strategy was set up to identify and invest in specific listed securities which had suffered a dislocation between their assets’ book value and the public security prices as a result of the pandemic.
Alongside the investment strategy, RM Funds worked to identify catalysts at the listed securities which could be harnessed to drive a rerating when utilised alongside an active management approach.
Each situation required a multi-disciplinary approach and contained common characteristics including asset backing, operational disruption, financially stable and importantly embedded optionality.
Pietro Nicholls, Head of Liquid Alternatives, RM Funds says: “In its simplest form, our proposition was to provide liquidity to forced sellers, whilst capitalising on the dislocation between real asset prices and listed securities. In its most complex form, our mandate had the flexibility to engage with each investment’s executive management team and work constructively in creating shareholder value.”
“The strategy draws upon the three core pillars for RM Funds, our team and their diverse range of skills, experience and backgrounds, our proprietary technology platform, which allows us to analysis, monitor and revalue thousands of real assets in near real-time and our trading capabilities, allowing us to source, execute and build positions in all market conditions.”
