Orbis Investment Management Limited
Orbis provides investment management services to institutions and individuals through the Orbis Funds. They use their own research to select equities that are priced significantly below their assessment of their intrinsic value. They believe a focused portfolio of such equities will deliver superior long-term returns and, importantly, less risk of loss than the average equity portfolio. For investors seeking positive returns regardless of stockmarket trends, Orbis also offers Absolute Return Funds. These Funds invest in the Orbis equity portfolios and complement them with stockmarket hedging to reduce the risk of loss associated with declines in stockmarkets. Orbis Funds have performance-based fees.