TM Lansdowne European Special Situations Class I - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Daniel Avigad took over management of the TM CRUX European Special Situations fund in September 2023, following the acquisition of CRUX Asset Management by Lansdowne Partners. The fund continues to invest in European companies, though the new manager has applied his own investment process, so it will be invested differently.
Fund management acquisitions inevitably lead to some disruption, and it generally takes time for changes like this to settle. That said, Avigad and his team fully changed the fund by September 2023 to make it their own, and many of the other employees at CRUX remain in place.
As a result of the change in manager and process, and the ongoing changes as a result of the acquisition, we will continue to monitor the fund before considering it for the Wealth Shortlist.
Our view on the sector
Performance Analysis
Investment Philosophy
Process and Portfolio Construction
Manager Track Record Based on HL Quantitative Research
Fund Track Record
01/05/19 to 01/05/20 | 01/05/20 to 01/05/21 | 01/05/21 to 01/05/22 | 01/05/22 to 01/05/23 | 01/05/23 to 01/05/24 | |
---|---|---|---|---|---|
Annual return | -9.36% | 30.32% | -6.16% | 6.43% | 12.19% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.