R Squared Capital Management has launched the RSQ International Equity Fund, which follows an international equity investment strategy established in 1995 when the portfolio management team was formed.
The official inception date of the fund was 27 November 2013.
The fund's management team consists of three portfolio managers: Rudolph-Riad Younes, Richard Pell and Michael Testorf, who are supported by a team of five analysts. The management team previously worked together for over 15 years at Artio Global Investors, formerly Julius Baer Investment Management, which was purchased by Aberdeen Asset Management earlier this year.
"This is an exciting new chapter for us," says Pell. "We have learned many lessons along the way and streamlined our operations. We are proud of our commitment to this international equity strategy, and now more than ever, we feel we are better positioned to serve both individual and institutional investors."
The no-load RSQ International Equity Fund has two share classes: the ticker for the retail share class is RSQVX and the ticker for the institutional share class is RSQIX. With approximately 150 investments, the fund follows both a top-down and bottom-up stock selection process that focuses on leveraging structural tailwinds at geographic, sector and company levels. The fund seeks long-term winners in both developed and emerging markets.
"At R Squared, we have for the past year favoured Europe especially the financial sector as the Euro-crisis has stabilised and valuations are among the lowest in the world. We expect Europe's strong performance to persist, especially as governments continue to address the fault lines in the Euro project," says Younes (pictured). "We also continue to underweight emerging markets as we see both potential tapering in the US and stabilisation of the crisis in the Euro as major catalysts that will drive much of the foreign capital in emerging markets back to its home base in the developed world."