JK Global Opportunities Fund

The JK Global Opportunities Fund invests on a multi asset basis globally combining opportunistic asset allocation with thematic positioning and stock selection. The fund is run by Simon Jones who has over 30 years of investment experience (ex Prudential, Jardine Fleming in Tokyo). Simon co-founded JK Investment Management in 2003, an investment management boutique based in Guildford managing $300m across this product and a Japanese equity focused fund (long-only). The JK Global Opportunities strategy aims to maximise risk adjusted returns by investing in a range of asset classes (equity, credit inc. convertibles, rates, currencies and gold) both long and short. The asset allocation process is dynamic, driven by a combination of valuation and momentum analysis (e.g. technicals, flows), with the manager utilising a value driven contrarian approach to both asset and individual security selection. The aim of the research process is to understand what is priced onto asset valuations in relative and absolute terms (not forecasting), which in turn drives the strategic asset allocation decision. From there inter asset class analysis is carried out to identify the best risk reward opportunities (countries, styles, etc). The final portfolio is conviction led, style agnostic and opportunistic in nature and includes directional, relative value and idiosyncratic bets. Since the inception of the strategy, the fund has generated strong returns annualising at over 10% pa, 65% of which have been generated by the equity book (the largest portfolio allocation over time, can be up to 100% of the risk).