Ardevora assets exceed £1bn

Ardevora Asset Management has seen assets under management pass £1bn following its launch in 2010.

The UK and global equity group, which was founded by Jeremy Lang and William Pattisson, has four funds, including UK Income, UK Equity and Global Equity long/short funds and Global Long-only Equity.

Mr Lang, partner at Ardevora, said: “We are pleased our distinctive investment process – which is built on insights from behavioural psychology – has garnered such strong long-term support from our investor partners over the past four years.”

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He added: “This milestone is a good reflection on the goals we at Ardevora strive to share with our clients: long-term stability and performance – while taking on sensible risk.”

The investment team at Ardevora comprises Mr Lang, Mr Pattisson, Ben Fitchew and Gianluca Monaco.