Paul Jourdan: Why private companies should ‘learn the ropes’ for listing

Octo Members
2 December 2019
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A 13-minute watch. 

Paul Jourdan, CEO of Amati Global Investors, tells us about his switch from professional violinist to fund manager, why he invests outside the FTSE, and addresses the next generation of companies yet to list. 

Paul runs Amati’s suite of funds, comprising the UK Smaller Companies Fund, AIM VCT and AIM IHT Portfolio Service.

He outlines his search for businesses that have the “capacity and the quality, and the drive and ambition, and the right people and industry vision to grow significantly over long periods of time”.

Addressing a trend for fewer young businesses to list in the UK – with funds now more easily raised privately – he says this will not always be the case, and that the discipline of listing brings greater advantages in the long term.

Paul also gives his view as to why the term ‘illiquid’ is unsuitable for unquoted companies, which he thinks should never be held in open-ended funds.

Also in the investment stream, T Rowe Price’s Eric Moffett spoke to Octo about stock-picking in China’s A-Share market, click here.

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