February 20, 2025/Fortuna Asset Management Communications Ltd
Ranmore Fund Management, the global Value Manager led by Sean Peche and Andrew Lapping, has reached a new milestone today, surpassing $500 million in Assets Under Management (AUM). This achievement highlights the firm’s dedication to value investing solidifying its reputation as a trusted partner for investors seeking differentiated active management solutions.
Ranmore Global Equity Fund has experienced remarkable growth, increasing its AUM substantially in recent years. This rapid yet disciplined expansion is the appeal of Ranmore’s investment strategy, which has enjoyed strong absolute and relative performance in recent years.
Ranmore’s investment management fee will decrease from 0.90% to 0.75% on all assets in the $500m to $1bn range. This reduction ensures that investors benefit from lower costs as the business scales without compromising on performance or active investment management quality. In 2023, Ranmore introduced a tiered fee structure, replacing a flat fee on all assets of 0.9%.
Sean Peche, Portfolio Manager at Ranmore, commented:
“We are pleased to have reached this significant milestone and want to thank all our clients for entrusting us with some of their assets. Many clients have chosen Ranmore because we offer something different – our value-oriented approach provides diversification, which, when blended with more popular funds, has helped some enhance returns while lowering overall portfolio volatility.”
Despite the rapid asset growth, Peche reassured investors that the firm’s approach remains steadfast: “Our strong recent performance shows that the increase in assets has not negatively impacted our ability to generate returns”, said Peche.
Andrew Lapping, Chief Investment Officer at Ranmore, commented:
“Our goal has always been to share the benefits of scale with our clients and as we grow, we are committed to passing on these advantages to our investors. This fee reduction is just the beginning; our next milestone is USD 1 billion in AUM, at which point the fee falls further on assets above that threshold. We believe this is the right approach for our clients, for our business, and for ourselves as we are also investors in the fund.”
