VGI Partners Global Investments Limited Overview
Pro stress-test →VGI Partners Global Investments Limited (ASX: VG1) is a listed investment company (LIC) that provides exposure to a concentrated long/short portfolio of global securities. The portfolio is managed by Regal Partners Limited (ASX: RPL), an ASX-listed, specialist alternative investment manager. The fund targets absolute returns and delivers dividend income to shareholders.
Strategic Profile
Pro stress-test →The Company has an absolute return objective of 10%-15%p.a., net of fees, over the long-term through investment in a concentrated portfolio of global equities, typically comprising 20-40 long investments and 20-40 short investments. The benchmark unaware nature of the investment strategy and the low correlation of returns potentially provide diversification to an investor's global equities allocation.
Competitive Landscape
Pro stress-test →VG1 competes in the Australian LIC space against other long/short strategies and absolute return funds. The fund's main competitive advantage is its manager alignment, alternative diversification benefits, and consistent dividend policy. Parent manager Regal Partners Limited currently has an equity interest in 8 alternative asset managers with AUM of $17.2 billion as at 30 September 2024.
Industry Context
VGI Partners Global Investments Limited operates in Listed Investment Company (LIC) / Alternative Asset Management.
Key facts
Founded: 2017 · Headquarters: Sydney, Australia · Market cap: $459.49M