Goodhart Partners have been appointed discretionary investment manager by the Global Opportunities Trust.

Goodhart Partners (“Goodhart”) is pleased by the recent announcement that the Global Opportunities Trust (“GOT”) will be appointing Goodhart as discretionary investment manager.

Cahal Dowds, Chairman of GOT said:

“This is an evolution of Goodhart’s existing role supporting the Board of GOT and its Investment Director, Sandy Nairn. Sandy will now continue to perform his role as portfolio manager for GOT at Goodhart, working with Alan Bartlett and the wider Goodhart investment team.”

The key rationale for the change is to increase investment flexibility in how GOT is managed. Specifically it facilitates greater flexibility in managing risk with the portfolio.

Sandy Nairn said:

“We believe this is an ideal investing environment for GOT’s agile investment approach.”

“We believe the key to generating attractive investment returns over the coming decade will be the flexibility to navigate increasingly aggressive market and interest rate cycles, combined with the ability to focus on specific investment opportunities.”

“Since the investment policy for GOT was modified in 2021 to facilitate greater focus on absolute performance returns have been strong. The net asset value of GOT has generated returns similar to global equity markets but with substantially lower risk and essentially no correlation to broad global equity indices.”

Alan Bartlett (Partner at Goodhart) expands:

“GOT’s investment approach takes responsibility for both risk and return. When investment ideas are abundant it tolerates market risk but when compelling absolute return ideas are scarce it focuses on protecting capital.”

Over the last two years Goodhart has increased resources to support GOT significantly. Responding to client demand Goodhart recently launched an open-ended UCITS fund called the Goodhart Global Real Return Fund (“GRR”) which follows a very similar strategy to GOT.

Gary Tuffield, Partner at Goodhart, commented,

“Clients are increasingly concerned that the index-relative investment strategies they invest in, and relatively static approaches to asset allocation they adopt, will lack the flexibility to navigate markets over the coming years. This is where GOT and GRR can perform a valuable role in portfolios.”