Norse Viking 'turning point' Cape Hvarf Cape Wrath Lighthouse, North West Highlands Our differentiated value strategy profits from turning points in investor's analytical narratives and emotional journeys

Cape Wrath Capital

We see opportunities where other investors have over-reacted to events and valuations no longer reflect fundamentals. The founder invests his net worth in the strategy, which has a hard close to protect performance.

VT Cape Wrath Focus Fund

UK-domiciled OEIC, investing in quoted UK securities, using the proprietary BAIT framework

Differentiated Value Strategy

  • Target analytical and behavioural inefficiency
  • Identify market pricing anomalies

High Conviction

  • Opportunities with the best risk / return asymmetry

Interests Aligned

  • 15bp AMC* with performance fee incentivises investment performance before asset gathering
  • Capacity limit protects performance
  • Significant co-investment

Platform Availability

  • AJ Bell
  • Alliance Trust Savings
  • Allfunds
  • Ascentric
  • Aviva
  • Charles Stanley Direct
  • Cofunds
  • Embark
  • Fusion
  • Hargreaves Lansdown
  • Novia Global
  • Quilter
  • Raymond James
  • Transact
  • Valu-Trac Administration Services

Broadside

Thoughts on value investing

Video

Coming soon

News

Investing Lessons Learnt

Michael Taylor & Adam Rackley
Shifting Shares Video
10 October 2022

Backing Boutique Managers

Chloé Meley & Adam Rackley
Citywire Podcast
3 October 2022

Three Value Stocks

Adam Rackley
Money Week
29 September 2022

Performance Fees

Adam Rackley
FT Adviser
23 September 2022

Narrative Shifts

Adam Rackley
Capital Employed Podcast
22 September 2022

Capacity, liquidity, performance fees

Anthony Luzio
Trustnet
24 August 2022

Somero Enterprises (SOM:LN)                     

Richard Evans – Questor
The Telegraph
20 July 2022

Lowest Cost Active Funds

Abraham Darwyne
Trustnet
1 November 2021

‘Shop till you drop’

Adam Rackley
What Investment (page 16)
October 2021

‘Truly’ Active Funds

Simon Evan-Cook
Citywire
24 September 2021

VT Cape Wrath Focus Fund Profile

Lawrence Gosling
What Investment
20 July 2021

Funds Returning 50% Since ‘Vaccine Monday’

Rory Palmer
Trustnet
22 April 2021

Cape Wrath Capital Refunds Fees      

News Team
Fundtruffle
31 March 2021

Cape Wrath Capital Hands Back Management Fee

Gary Jackson
Trustnet
31 March 2021

Welsh Boutique Fee Rebate              

Mike Sheen
Investment Week
31 March 2021

Value Boutique Fee Rebate               

Kristen McGachey
Portfolio Advisor
31 March 2021

Premier Foods – Letter To The Chairman

Conor Sullivan
Financial Times
10 July 2017

Cape Wrath Focus Fund Profile

Merryn Somerset Webb
Money Week
17 March 2017

Not Investing Like Warren Buffett

Merryn Somerset Webb
Financial Times
20 January 2017

Salt, Sweat, Tears

Harry Ritchie
Daily Mail
13 March 2014

The Team

Adam Rackley, CFA

Fund Manager

After working as an analyst at the Alliance Trust, Adam joined Montanaro Asset Management, where he managed a smallcap income fund. Leaving the City in 2010, he taught the CFA qualification at BPP, and later managed equity research teams for CRISIL in Mumbai. In 2015 Adam returned to London and set-up Cape Wrath Capital. He has degrees in Philosophy, Politics & Economics, and Finance & Financial Law. Adam has served as a platoon commander with the 1st Battalion Black Watch and is the Principal at Curzon Financial Training. In his free time, Adam enjoys making marmalade and spending time outdoors with his children. He once took six months off to write a book (‘Salt, Sweat, Tears’, Penguin), and has swum the Channel, rowed the Atlantic, cycled Lands End to John o’ Groats and run across England, Scotland and Wales.

Anders Jegers, CFA

Head of Research
Anders studied Engineering at Linköping University in Sweden, and spent a number of years at Electrolux before moving into equity research in 1997. He worked for ABG Sundal Collier in London as an Industrials analyst, becoming a partner of the firm in 2001.  Anders moved to the buy-side in 2008, joining Montanaro Asset Management, where he became the Head of Research in 2011, with responsibility for a team of nine investment analysts.  He joined Cape Wrath Capital in 2016. Anders enjoys mountain biking and spending time with family and friends.

Amul Pandya, CFA

Consultant
Amul Pandya started his career in politics working for Westminster based think tanks such as the Centre for Social Cohesion, The Henry Jackson Society, and the Institute of Economic Affairs. After a stint on the sell-side at Arden Partners, he has worked for over ten years in capital raising for a range of boutique asset managers across different strategies, asset classes, and vehicles. Amul has been closely involved with Cape Wrath Capital since 2016 and in his spare time likes cooking, reading, and writing. He graduated from the University of Southampton in 2009 with a law degree and has been a CFA Charterholder since 2015.