

Global Opportunity Fund Contact


ARGO SP – an investment fund aiming to compose a highly diversified portfolio of conservative investment instruments, mimicking a strategy of a professional family office.
Long-term target return: 4–5% annualised in USD terms, with low volatility.
ARGO SP invests in a portfolio of underline fixed-income instruments, conservative investment funds of various strategies, and conservative derivative products.

An investor who wants to build a diversified portfolio of conservative instruments in order to receive long-term returns above the average among the range of conservative products, with a low risk of significant losses. With a long-term target return of 4–5%, the probability of loss over a one-year horizon is below 10%, and a 10% loss has a theoretical probability of less than 0.1%.
ContactDescription The returns of the fund depend on the returns of capital markets and, first of all, debt markets; this is why falling debt markets can impact negatively the results of the fund.
Risk management method More than 60% of the fund assets are invested in the instruments and products that can be classified as arbitrage or market-neutral.
Description Interest rate risk is very similar to the market risk: when the refinancing rate increases, the interest rates rise, and the prices of financial instruments that depend on the interest rates fall.
Risk management method More than 60% of the fund assets are invested in instruments and products that can be classified as arbitrage and market-neutral.
Description As a result of insufficient diversification, a sharp fall in the value of a single asset can lead to a large effect on the fund's returns.
Risk management method The fund is well-diversified: as of 01.04.2022, the fund portfolio contains 23 instruments, the largest share – 12%, the average share of a single instrument is 4%.
Description A proportion of the fund's assets is invested in instruments with low liquidity.
Risk management method The fund keeps no less than 50% of its funds in the instruments with liquidity of fewer than 30 days.
Description Deterioration in the credit quality of an issuer can lead to a default on bonds and other obligations.
Risk management method When investing in bonds, the credit quality of the issuer is thoroughly checked and, subsequently, monitored. When the fund invests in investment products that depend on credit risk, we check the past results, examine the background and the quality of expertise of the management team that supervises the credit risk. The fund does not extend credit independently to individual projects.
- Renowned economist and investment manager with 30 years of experience.
- Formerly, Executive Director of Troika Dialog Investment Bank; Founder and Chairman of the Board of Renaissance Investment Management Group, with assets under management of more than $7 billion; founder of the investment company “Third Rome”.
- A laureate of many awards and prizes, in particular, “Best Asset Manager” Forbes, “Best CEO of the management company” RBC, “Legend of the Industry” SPEAR’S, “Manager of the Year” RBC, etc.
- Former head of the Carnegie Center’s Economic Policy Program.
- Specialist in probability theory and mathematical statistics. Authored the books “Russia in the Post-Truth Era” and “Cursed Economies”, many articles and lectures on economics and finance; twice awarded the “Presszvanie” Award for his contribution to business journalism.
- Graduated from the Faculty of Mathematics and applied mechanics at the Lomonosov Moscow State University, the Financial University under the Government of the Russian Federation, and the University of Chicago Booth Business School.
- Specialist in asset management, corporate finance, financial markets and asset valuation with 30 years of experience.
- Formerly: Advisor at Rothschild Investment Bank, Director of Corporate Governance at Deloitte, Vice President of Investment Banking at Troika Dialog. Visiting scholar at Harvard University School of Economics; teaches at the HSE School of Finance. Author of articles and books on economics and finance, including “The Warren Buffett Philosophy of Investment”, published in 2015 by McGraw-Hill Education, and “Value Investing. Persons and Principles”.
- Graduated from the Faculty of Economics at the Lomonosov Moscow State University, Master’s program at the Claremont Graduate School (California, USA). PhD (Economic Sciences).
- Specialist in the analysis of debt markets, credit products and creditworthiness of companies.
- Leading analyst at Movchan’s Group, overseeing the formation of the Group’s investment portfolio since its inception; holds responsibility in stock market analysis and strategy research in stock options.
- Conducts scientific work; wrote numerous articles for economic research institutions and media.
- Graduated with honours from the Faculty of Economic Sciences of the Higher School of Economics; a CFA II candidate.
- Contributes to building the ARGO investment portfolio. Specialises in researching investment opportunities and analysis of investments in private debt funds and hedge-funds.
- In the past – a McKinsey consultant. Also worked at Allianz Investment Management, specialising in analysis of investments in private debt funds.
- Graduated with honours from the MSc Economics-Finance program at the University of Freiburg; a Bachelor’s degree from Nazarbayev University.
- Contributes to building the ARGO investment portfolio. Specialises in credit analysis of companies, researching third party products and developing investment decisions.
- Worked in financial compliance for companies in the FMCG industry and as a business valuation consultant in the corporate finance department of Deloitte.
- Graduated from the Higher School of Economics, Department of Economic Sciences.
- Specialist in financial consulting and audit with 10 years of experience.
- In the past, she worked as an external auditor at Ernst & Young, worked with the largest state-owned companies, small and medium-sized businesses and government agencies in the field of audit and professional ACCA training; areas of specialisations: oil and gas industries, energy, and mining. As a financial advisor to medium-sized companies, provided regular reporting to management and shareholders.
- Is a member of ACCA, a CFA II candidate and a certified specialist in AML.
- Graduated from the University of Sydney with a bachelor’s degree in economics and finance.