Alex Roepers’ Cambrian Fund Down 2% In 2014

Most Atlantic Investment Management funds ended 2014 in the red, but CIO Alex Roepers is optimistic about 2015

Atlantic Investment Management had a rough 2014, ending 2014 with a loss in nearly all of its funds. The flagship Cambrian Fund was down 2.1% for the year, a far cry from its 18.4% annualized growth since inception. Only Cambrian Japan (both the smallest of Atlantic’s funds and the one with the lowest annualized returns since inception) had a solid year, gaining more than 16%.

“We are obviously disappointed to report a down year for most of our funds. The intense effort that went into 2014,” writes Atlantic Investment Management founder and CIO Alex Roepers in the 2014 year-end letter to investors,...