...and who are the 38% shareholders of v.ARTG....Ryan Beedie (Director) • Steven Dean (Chairman/CEO) • Lingotto • Fourth Sail • Kopernik/Heptagon • GDXJ • Paulson • Blackrock • Invesco • Helikon • Franklin • SILJ ETF • Fidelity • Credit Mutuel • Robert Atkinson (Advisor) • Sentry/CI • Amiral Gestion • Gabelli • Allspring • Baker Steel • CPR/Amundi • Stabilitas • David Black (Director) • SGDJ/Sprott ETF • Euro Pacific • Jeremy Langford (President/COO) • Sprott • AMG • Schroder • Manulife The above are listed according to the % of holdings of ARTG shares!! Who is LINGOTTO: Lingotto is an investment management company that was established in 2023, with the goal of delivering long-term returns for its investors through a unique approach that embraces strategies like concentration, illiquidity, and volatility. It aims to offer a streamlined and entrepreneurial environment for its investment professionals, encouraging creativity and outperformance.
Lingotto is part of Exor, a large diversified holding company controlled by the Agnelli family, and is regulated by the Financial Conduct Authority (FCA). The company manages several investment strategies across both public and private markets, and its assets under management are around $5 billion as of March 2024. Its leadership team includes Enrico Vellano as CEO, who oversees its alternative investment strategies.
Who is Fourth Sail>?
Fourth Sail Capital LP is a boutique investment firm focused primarily on opportunities in Latin America. Founded in 2019, it emerged as a spin-off from a larger global emerging markets firm. The company manages two primary funds: the Fourth Sail Long/Short fund and the Absolute Return Discovery fund. The Long/Short fund aims for positive returns by balancing long and short positions, while the Discovery fund concentrates on high-conviction investments with a higher tolerance for risk.
Fourth Sail's investment strategy centers on small to mid-cap companies, with an emphasis on thorough financial analysis and risk management. The firm takes macroeconomic factors such as foreign exchange and country-specific risks into account, which is particularly important given the volatility of emerging markets.
In terms of portfolio, Fourth Sail holds diversified investments across sectors, with a particular focus on technology companies. Recent notable investments include significant holdings in Sigma Lithium, a company involved in lithium mining, and a variety of positions in other Latin American firms.
The firm values disciplined processes, long-term partnerships, and maintaining a focused and stable team, which they believe are essential for achieving consistent returns
Who is Kopernik/Heptagon?
Kopernik Global Investors, in collaboration with Heptagon Capital, operates as a value-oriented investment firm. Their investment strategy is centered around identifying undervalued companies globally, with a particular focus on equities across developed, emerging, and frontier markets. They take a long-term approach, aiming to buy assets below intrinsic value, based on in-depth, bottom-up research that analyzes each company's financials, market position, and risks.
Kopernik's philosophy emphasizes independent thinking, often challenging mainstream market sentiment, much like their namesake, Copernicus, who questioned the established geocentric model of the universe. They seek opportunities in sectors where fear or panic may cause market inefficiencies, particularly in industries like gold, energy, and industrials. The team integrates Environmental, Social, and Governance (ESG) factors into their decision-making to ensure that investments align with ethical principles. Heptagon Capital assists in managing and marketing these strategies, allowing Kopernik to maintain its disciplined focus on value investments.
Their funds often feature diversified holdings, typically investing across a range of 50 to 100 stocks, with a significant portion of investments outside the U.S. The goal is to deliver long-term capital appreciation by capitalizing on pricing anomalies and market inefficiencies globally.