When he stepped down from running the Cundill Value Fund in 2010 due to health reasons, Peter Cundill had chalked up one of the best investment management records of any mutual fund manager.
Q3 2019 hedge fund letters, conferences and more
From 1974 through to 1988, the fund returned 22% per annum. Over its 35 year history to 2010, the Cundill Value Fund achieved a CAGR of 13.7%.