Additionally, the firm does not work directly with individuals. There are performance-based fees as well.Īs a hedge fund, Orbis Investment Management is not a traditional financial advisor firm that offers financial planning services. On the other hand, Orbis Investment Management receives a management fee from the fund that ranges from 0% to 7%, with the exact rate chosen based on the fund’s overall return levels. Equity Fund can vary from 0.20% to 0.75% depending on the fee class you subscribe to and the performance of the hedge fund. The base fee you’ll pay to invest in Orbis’ Institutional U.S. In an attempt to mitigate risk and volatility, Orbis looks to invest in companies that its proprietary research uncovers as undervalued by the larger market. The firm understands that this type of approach may result in higher levels of volatility, but it maintains that this is a natural step in any long-term investing process.Īs the name of its hedge fund indicates, Orbis sticks to equity securities within the U.S. In general, Orbis Investment Management tries to achieve long-term returns through an active management philosophy. Orbis Investment Management Investment Philosophy equity recommendations Orbis Investment Management Limited, another company in the Orbis Group. Equity Fund according to the specific investment objectives and restrictions that the hedge fund adheres to. Orbis Investment Management principally manages the Orbis Institutional U.S. Services Offered by Orbis Investment Management Core Refundable Reserve Fee Class: $20 million.Zero Base Refundable Reserve Fee Class: $100 million.Base Refundable Reserve Fee Class: $1 million.Equity Fund.Īlthough there is no minimum necessary to invest with Orbis, its hedge fund requires a variable minimum investment depending on the class you’re investing in: Various institutional clients also invest in the Orbis Institutional U.S. Must provide a reasonable expectation that these income levels are maintainable.Individual income totaling at least $200,000 ($300,000 in combination with a spouse) during each of the last two calendar quarters.An individual or joint (with a spouse) net worth of $1 million, excluding the value of a primary residence.You qualify as an accredited investor if you have: However, this hedge fund is naturally available for investment, though Orbis purposely affords these opportunities solely to accredited investors. Orbis Investment Management is a hedge fund, so technically speaking, its only client is the Orbis Institutional U.S. Also, their personality test is very accurate, and they expect you to agree/disagree with it and discuss reasons why.Orbis Investment Management Client Types and Account Minimums Know your strengths and weaknesses, and be able to talk in detail about them. This is a great firm, but they are very, very specific about who they want. The PM will meet with you while you are there, and then you leave and wait for weeks to hear back from them about an offer. They will pick it apart and you have to defend your thesis. I didn't get a second round with this firm, but their format for a second round is to give you one week to research a stock that they give you, then they fly you out to SF and you present it to the entire office (analysts and PMs). The interviewers will dig for the information they want so that they know how you think and why. This can be a very painful interview if you are introverted or aren't prepared to talk deeply about this. They want to know how you grew up, what your parents were like, what major decisions you've made throughout your life and why. Be prepared for questions like "What is the one thing you believe that no one else believes?" and "What fundamental belief have you had that you've changed your mind about?" The interview process is extremely personal. This firm desires analysts who are perfectionists and contrarian independent thinkers. He asked about 2-3 high level questions about it, then we moved on to behavioral questions for the rest of the interview. One of the interviewers asked me for a stock pitch, which lasted about 2 minutes. Both interviews were conducted by analysts at the firm, and were highly behavioral/fit. It consisted of two back-to-back interviews, each lasting about 45 minutes. Two weeks after this email, the interview took place in NYC in a hotel suite. Two weeks after that, I received an email from HR informing me that I was selected for a first round interview. Within one week, I received an email directing me to take an online personality test (took about 15 minutes). Applied to the firm on my University's job application portal.
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