Peche’s Ranmore fund excels in 2022-2023 – even though “big picture” predictions off beam.

The performance of the Ranmore Global Equity Fund in 2022-2023, run by London-based South African portfolio manager Sean Peche, ranked in the top 1% of a basket of 3,000 European/Asian/African global equity funds categorised by Morningstar. As Sean is keen to stress: past performance in no guarantee of future performance, but its 30% return after all costs in 2023 helped ensure the Fund’s position since inception in 2008 is within the top quartile of similar funds. In this interview with Alec Hogg of BizNews, Peche explains that while guessing big trends is fun, the money gets made because of a strong investment process that exposes winning stocks at a micro level.