World All Cap

Investment objective

The Fund will attempt to achieve over the long term a total return in excess of that of the MSCI ACWI Index (with net dividends reinvested) through investment in a concentrated portfolio of equity securities. The approach is classic contrarian value, based on bottom-up fundamental research of individual companies.

Portfolio manager

Richard Oldfield
Richard Oldfield
Portfolio manager

Richard Oldfield

Chair | Partner

Richard Oldfield founded Oldfield Partners LLP in 2005, after 9 years as chief executive of a family investment office. Before this, he was director of Mercury Asset Management plc, which he joined in 1977. He was Chairman of the Oxford University investment committee and the first chairman of Oxford University Endowment Management Ltd from 2007-2014.

He is now chairman of Shepherd Neame Ltd, and trustee of a number of charities. The second edition of his book “Simple But Not Easy”, a “slightly autobiographical and heavily biased” book about investing, was published by Harriman House in December 2021.

Richard Oldfield