Found this on the C C & L website. Global Alpha is part of the C C & L group and they hold BVS shares in their Alternative Global Equity Fund. They've held BVS since 2019 the same year the fund came into inception. Couldn't find any fund performance newsletters to find out why they hold BVS. There was a 3 page blurb from January last year relating to BVS but it didn't really say too much. Between C C & L and Mawer they now own almost 18% of BVS.
"Global Alpha Capital Management Ltd. (Global Alpha) is an independent and privately owned investment management firm focused exclusively on global and international small cap portfolio management. We conduct independent fundamental research to identify attractive investment opportunities in companies whose growth is unrecognized by the marketplace.
Global Alpha is part of the Connor, Clark & Lunn Financial Group (CC&L Financial Group), a multi-boutique investment management company whose affiliates collectively manage over $86 billion in financial assets. With large scale non-investment management support provided by CC&L Financial Group, we are uniquely focused on constructing the best global and international small cap portfolios that we can possibly deliver for our clients.
Global and international small cap equities are our focus and passion. We are international research and investment specialists with over 60 years of combined industry experience. Our team focuses solely on building concentrated global and international small cap portfolios for our clients.
We conduct independent fundamental research to identify attractive investment opportunities in companies whose growth is unrecognized by the marketplace. We dedicate time to travel to each region and visit the companies we consider as attractive investment opportunities."
Our unique approach focuses on investment themes influencing world economies as opposed to geographic regions and industry sectors to determine the strategic direction of the portfolio. We aim to understand the thematic relevance to global investments and generate consistent returns for our clients over a long-term investment horizon, within a risk controlled low turnover approach."
BVS Price at posting:
$2.73 Sentiment: Hold Disclosure: Held
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