Manager of the Orbis Global Balanced fund, FundCalibre, discusses Burford Capital with Professional Paraplanner
Alec Cutler, manager of the Orbis Global Balanced fund, FundCalibre, discusses Burford Capital with Professional Paraplanner.
Culter says about Burford: "'Their skill is around identifying lawsuits to back their rate of return on their investments that they have made. They effectively invest in lawsuits. Their IRR is 29% historically over 14 years. So it’s not only diversifying for us, but in a way it’s us outsourcing a portion of the portfolio to someone who has an investment return that’s better than ours.'"
