Coverage of Gatemore’s 2nd letter to French Connection
Gatemore and OTK Holding, both minority shareholders in French Connection Group, joined forces to issue a public letter demanding immediate
Our latest public letter to the Board of the French Connection Group
Unless decisive action is taken immediately, we believe the French Connection Group could approach a zero or even negative cash balance by this summer - and it will be forced to sell some of its most valuable assets such as the lease on its flagship store on Oxford Street in London.
Read moreStill Not Enough: French Connection’s trading statement
French Connection’s products are being better received by the market following the hiring of a new design team, evidenced by a rise in like-by-like sales of 6.5% in the UK and Europe and concessions growth of 13.9%, according to Gatemore Capital Management, an activist investor with 8% in the retailer.
Read moreCoverage of French Connection activist letter
Gatemore Capital Management has been featured in the following publications following its announcement that it wishes to speak with the French Connection UK management board about rejuvenating the retailer’s brand and finances.
Read moreActivist letter, French Connection
I write on behalf of GCM Partners, a division of Gatemore Capital Management LLP ("Gatemore"), which oversees direct investments for principals and clients of Gatemore.
Read moreTis the Season for Prognostications – Buyer Beware
It's that time of year again, when prognosticators - the so-called "experts" in a given field - take stock and give us insight into what we should expect in the coming year.
Read moreAnnual Letter
The course of investment markets over 2015 was volatile, and their path at the start of this year has been even more turbulent. In such an unsettled environment, it is easy to let emotions take over and fall into the trap of believing that the world is falling apart.
Read moreThe Endowment Model Still Works
Yale’s investment office, the progenitor of the formerly ballyhooed and more recently maligned “endowment model,” recently released results for their fiscal year 2015, which ended on 30th June.
Read moreFundamentals for the Long Term
Sometimes even Cassandra catches a break. Two years ago we warned of the dangers of ‘risk parity’, an investment approach balancing portfolio allocations by risk before leveraging up the result, and with recent market stress it has been back in the headlines
Read moreWhy We Are Optimistic
Unless you spent the last weeks of August languishing on a remote island, disconnected from the world (which some of you actually might have been), you are aware of the recent spike in market volatility
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