Metis Opportunity Fund
We offer a disciplined discretionary strategy, besides offering customized portfolios. We have been running two listed equity strategies, namely India Undervalued and India Underserved, since 2010. Our India Undervalued book is typically a collection of our 10-20 best value ideas, all of which coherently fit with our value, forensic and fundamental framework. It is targeted at investors that seek to capitalize on value dislocations through identifiable catalysts. We offer normal Class A shares as well as Sharia friendly Class B shares.
Our India Underserved strategy focuses on companies that have, in our view, the largest real business upside (to come in line with G7 levels) within listed equities. These companies, in our view, are ones with the most sustainable business models. Many constituents under this strategy are discretionary in nature and may exhibit cyclicality like any other cyclical name. However, more often than not, each cyclical peak and trough for such business models will likely be higher than prior cycles. These names are then screened using our value and forensic screens to be identified for further fundamental due diligence.
Our goal, at any given time, is to have a diversified set of businesses that are well placed within their ecosystem, given the domestic and international environment. We are now offering these two strategies in a combined book, Metis Opportunity Fund, which is typically comprised of 15-35 positions.
Our process is highly iterative in which we play devil's advocate and try to "kill" our best ideas. Some of the reasons why an idea may be "killed":
- Management integrity / ability
- Strategic advantage not defensible enough
- Lack of accounting clarity
- Lack of identifiable catalyst(s), etc.
Title: Co-Founder & Co-Portfolio Manager
Gaurav Aggarwal, CFA, CPA, CIPM
Gaurav, a US citizen, is the co-founder and portfolio manager of Metis Opportunity Fund. Prior to Metis, he was a senior analyst with portfolio management duties over $50 million in fund of fund assets at a leading regional investment bank (Global Investment House) in the Middle East. Prior to this, he was with Bay Harbour Management, a $1.2 billion distressed debt and equity hedge fund in New York City. He has also served as an analyst with Polen Capital Management, a $2 billion+ top performing long-only value money manager in Florida. He received an M.S. in Accounting (specializing in Finance) and B.S. in Business Administration from the University of North Carolina at Chapel Hill. He is a Chartered Financial Analyst and a Certified Public Accountant.
Metis Opportunity Fund News
12th Floor, Raffles Tower
19 Cyber City, Ebene
- +230 468 1291
- Contact Person:
- Gaurav Aggarwal
- Co-Founder & Co-Portfolio Manager
- Company Web Address: