Utah’s business landscape is rich with professionals who have le...Read More
Social Media and Employers: Friends or Enemies?
The Case for HSAs
Time to Show Up
Make a Move
In the Lab
Rent to Own
Back from the Dead
A Breath of Fresh Air
Travel & Tourism
Salt Lake City, Utah — Grandeur Peak Global AdvisorsSM announced that it will launch a new global equities fund. The Grandeur Peak Global Reach Fund will launch June 19 with a broad mandate to find what the firm believes are the most interesting equity investments in the world.
“We founded Grandeur Peak to be a world class global small/micro cap boutique, and the Global Reach Fund will be our flagship portfolio,” said Robert Gardiner, CEO and portfolio manager. “It will contain our 300 to 500 favorite equity investment ideas globally and become the umbrella portfolio for all of our other small/micro cap funds.”
The Global Reach Fund will have a similar investment focus to the Grandeur Peak Global Opportunities Fund, which was closed to new investors on May 1. The Global Reach Fund will be more diversified, with 300 to 500 holdings, while the Global Opportunities Fund will continue to become increasingly concentrated in just 100 to 150 companies. “We’re looking at over 30,000 companies around the world and it’s easy to find 300 to 500 really interesting investments — what we believe to be the best 1 to 2 percent of our investable universe,” Gardiner said.
“We are pleased to add Amy Hu Sunderland, Randy Pearce and Spencer Stewart as associate portfolio managers on the Global Reach Fund,” said chief investment officer and portfolio manager, Blake Walker. “They are great analysts and have been instrumental in the success our existing funds have experienced to date.”