The initial public offering for Antipodes Global Investment Company Limited (ASX:APL) opens today. The LIC provides investors with access to an actively managed global equities portfolio in the convenience of an ASX listed vehicle. The portfolio will be predominantly comprised of long and short positions in international listed securities and will be actively managed by Antipodes Partners with a focus on capital preservation. Antipodes was founded by Jacob Mitchell, former Deputy Chief Investment Officer of Platinum Asset Management where he built an exceptional investment track record over 14 years. At Antipodes Mitchell has assembled a team of 11 like-minded value investors, and respected market veteran Chris Cuffe has joined the APL board. Investors seeking to participate in the IPO, can view more information on Antipodes and apply here. (VIEW LINK)
Jacob Mitchell found Antipodes Partners in 2015, aiming to take advantage of the market’s tendency for irrational extrapolation, identify investments that offer a high margin of safety and build portfolios with a capital preservation focus.