Providence Resources PLC

MPF’s investment strategy aims to maximize returns over the medium- to long-term. It maintains a balanced portfolio of assets across a diversified portfolio invested in a range of stocks and sectors. The overall investment target for the Fund is to outperform the strategic benchmark by 1.25% per year over a rolling three years. The Pensions Committee sets the core asset allocation for the investments of the Fund (also known as strategic benchmark). The MPF invests in UK equities, US equities, European equities, Japanese equities, Pacific equities, emerging markets equities, UK gilts, overseas gilts, UK index-linked gilts, corporate bonds, real estate, private equity, hedge funds, thematic fund of funds and infrastructure.

KLCM’s Offshore fund invests in a range of event driven equity and credit strategies with a specific focus on situations where there is a near term hard catalyst. Their UCITS fund primarily invests in global merger arbitrage transactions.

MFM is an active, long-tern investor which manages some funds in-house and outsources others to boutique fund managers. In this way, they seek to add value by offering access to managers not normally available to private investors. The firm has no overriding 'house' style and fund managers are encouraged to exercise their different investment styles across UK and overseas equities, bonds and funds of funds. MFM’s equity and bond managers invest in companies, rather than trading for short-term gains. They take the time to conduct their own research, understand the businesses.