The Gap between Reality and Appearance

March 2023

“Opportunities arise when a wide gap opens between reality and appearance…. Current markets offer many opportunities, coming from over- and under-investment in various industries in the global economy, from the market’s crowding and herding, from the authorities’ monetary actions of the last few decades. This is what allows Kennox to be fundamentally optimistic about the prospects for the Fund, in the face of, or even because of, the challenges facing investors at present.”

Our risk focused quality value portfolio has a track record of strong performance in difficult markets – if you’d like to discuss our strategy, please do not hesitate to be in touch.