Tags
% of AUM, ACMH, Argo Group, Ashmore Group, Colony Financial, emerging markets, Florian Homm, PSource, Rent-A-Center, Sean Ewing
- Mkt Price: GBP 14.5p
- Mkt Cap: GBP 9.78 mio
- % of AUM: 4.0%
- P/S: 1.3
- Div Yield: 8.3%
Argo is an AIM quoted alternative investment manager focused on global emerging markets. Argo’s funds are designed to deliver low volatility absolute returns with lower correlation to wider global markets. It invests primarily in special situations, real estate, high yield corporate credit and distressed debt. The company has a performance track record dating back to 2000, and has won several awards for best Risk Adjusted/Sharpe Ratio performance. Andreas Rialas, the CIO, is Argo’s founder while his brother Kyriakos has been CEO since 2003. Unfortunately, to reach its current listed status, the company has really been through the Symplegades…