London, 20th February 2025 – 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.”
ENDS
Notes to Editors
1. About Ranmore Fund Management
Ranmore Fund Management (“Ranmore”) is an independent investment manager specialising in active investing in Value global equities.The Ranmore Global Equity Fund launched in October 2008, reaching AUM of $500 million (as of 14th Febrauary 2024). For more information, please visit: https://ranmorefunds.com
The Ranmore Global Equity Fund is available to investors in the UK, South Africa, and Ireland. Where allowed, access is available through direct investments, UK platforms, and South African platforms. In the UK, these include Elevate (Abrdn), AJ Bell, Aviva, Hargreaves Lansdown, Interactive Investor, Wealthtime (Novia), Transact, and Bestinvest.
Compliance Notes
All data is accurate as of 18th February 2025.
This is a press communication. Please refer to the prospectus of Ranmore Global Equity Fund plc and KIID (UK investors) MDD (South African investors) before making any final investment decisions.
Ranmore Global Equity Fund plc is recognised by the UK’s Financial Conduct Authority under the Overseas Funds Regime as a fund set-up in another country that can be marketed to investors in the UK and is available for investment.
Ranmore Global Equity Fund plc is approved in terms of section 65 of the Collective Investment Schemes Control Act (2002) for marketing and distribution in South Africa. Collective Investment Schemes (CIS) are generally medium to long-term investments. The value of shares in the Fund may go down as well as up, and past performance is not necessarily an indication of future performance or returns. Neither Ranmore Fund Management Ltd nor Ranmore Global Equity Fund plc provides any guarantee with respect to capital protection of the Fund’s returns. Collective Investment Schemes trade at ruling prices and can engage in borrowing.
Past performance is not necessarily an indication of future performance or returns. Capital is at risk. Ranmore Fund Management Ltd has taken all reasonable care to ensure that the information contained in this promotion is accurate at the time of publication, no representation or warranty, express or implied, is made as to the accuracy, reliability or completeness of such information. This promotion is approved for issue in the United Kingdom by Ranmore Fund Management Limited, Coveham House, Downside Bridge Road, Cobham, KT11 3EP, a firm authorised and regulated by the Financial Conduct Authority. Ranmore Global Equity Fund Plc has been authorised by the Central Bank of Ireland as an open-ended investment company, registered by way of continuation in Ireland pursuant to the UCITS Regulations 2011. The Fund is a global long-only equity fund.
Ranmore Global Equity Fund plc’s USD Investor class has been rated 5 Crowns by FE fundinfo and 5 Stars by Morningstar, assigned to the top 10% of funds.
FE fundinfo Crown Fund Ratings do not constitute investment advice offered by FE fundinfo and should not be used as the sole basis for making any investment decision. All rights reserved.
Copyright © 2025 Morningstar UK Limited. All Rights Reserved. The Morningstar Rating is an assessment of a fund’s past performance – based on both return and risk – which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk- Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, lo ads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and 10-year (if applicable) Morningstar Rating metrics.
For more information, please contact:
Sam Shelton
Director of Media Relations
Fortuna Asset Management Communications Ltd.
Tel: +44 07540336998
Web: www.fortunaamc.co.uk
OR
Jonathan Boyd
Director of Marketing Communications
Fortuna Asset Management Communications Ltd.
Web: www.fortunaamc.co.uk
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