Q&A
MARKET TURBULENCE POSES THE PERFECT BACKDROP FOR PRIMARY MARKET INVESTING. JENNIFER HILL SPEAKS TO OLIVER BROWN, LEAD MANAGER OF THE IFSL RC Brown UK Primary Opportunities FUND THE ONLY FUND DEDICATED TO INVESTING AT THE POINT A COMPANY IS RAISING MONEY.
MARKET VOLATILITY MADE A COMEBACK IN 2018. WHAT DOES THIS MEAN FOR PRIMARY MARKET INVESTORS LIKE R.C. BROWN INVESTMENT MANAGEMENT?
First and foremost, we are not afraid of market volatility. In fact, we see it as an opportunity. The reality is that we make some of our best investments during periods when markets are volatile because the discounts available at the time of the placing are greater. It is during times of market stress that we can not only expect a greater discount at the point of purchase, but shares in listed companies raising fresh capital are likely to have been weak already in line withthe market sell-off – effectively netting us a double discount.