Single Manager Solutions

Global All Cap Opportunities

The Pacific Global All Cap Opportunities Fund offers a unique investment proposition distinguished by its deep focus on identifying high quality, growing businesses trading at significant discounts to intrinsic value, achieved through rigorous stock and sector analysis.

A Unique Perspective on Global Equities

The Pacific Global All Cap Opportunities fund provides a diversified global equities portfolio with quality metrics—growth, margins, and returns on capital—well above the market average while targeting valuation multiples below the index. This ‘Quality Value’ strategy blends quality growth investing with value characteristics, delivering performance across market cycles.

Unlike many long-only equity funds focused on macroeconomic trends, Pacific All Cap Opportunities emphasises company fundamentals, valuation, and long-term growth potential.

With a flexible all-cap approach, the fund invests across market capitalisations, sectors, and developed regions. Operating independently of traditional benchmarks, it identifies and captures opportunities wherever they arise.

Experts in Global Equity Investments

The investment team for the Pacific All Cap Opportunities Fund is led by Christian Cole, CFA, an experienced portfolio manager with more than 15 years of investment experience in global equities investing and a strong performance track record of generating performance versus the peer group and index.

The management of the strategy is supported by Julia Varesko, CFA, having previously managed a successful long-only healthcare fund and covered financials and industrials at JP Morgan. Christian and Julia are further supported by Research Analysts James Pavey, CFA, and Aurimas Martinkevicius.

The team blends a steady stream of diverse investment ideas with deep bottom-up analysis, within an investment process framework designed to maximise opportunities for outperformance.

Tick
positive inclusion
The fund champions companies with quality management and good governance, which promote positive changes for society now and in the future
ESG
ESG DATA ANALYSIS
Using top-down, industry leading ESG scoring from TruValue Labs to filter investable universe and assess ESG characteristics of all holdings
Voting
VOTING/ Engagement & Equality
Voting and Engagement framework driven by bottom-up stock selection alongside ISS special proxy voting (SRI alignment)
Cross
exclusion criteria
The fund does not invest in businesses involved in controversial sectors and limits investments in businesses involved in activities contrary to the development of a sustainable economy

Variety and Adaptability

GLOBAL EQUITY CONCENTRATION

Global equities have a high concentration in US and larger-cap stocks, with limited exposure to mid-cap and small-cap stocks

UNCONSTRAINED MANDATE

The fund's unconstrained mandate enables the strategy to take advantage of dislocations in global market allocations

OPPORTUNISTIC APPROACH

Enabling the portfolio manager to seize opportunities across various capitalisation tiers and regions as they emerge

ALPHA GENERATION

The strategy diverges significantly from index weightings to offer investors alpha generation exposure in global equities

Our investment proposition

A unique strategy in global equities, offering the strength of growing, high quality businesses, with the margin of safety of attractive valuations

An experienced Portfolio Manager and investment team with a proven history of delivering strong returns in Global Equities

The fund strategy is designed to maximise alpha through a concentrated, all-cap approach which is benchmark-agnostic and focusses on discovering investment opportunities with asymmetric return profiles biased to the upside

With a highly active, stock-picking focus, the strategy is rooted in deep bottom-up analysis, deliberately avoiding distractions from macroeconomic trends.

The portfolio is crafted from a diverse array of high-conviction ideas, resulting in a composition that stands apart from any global equities index.

The team undertakes a meticulous and thorough evaluation of each investment opportunity, focusing on businesses with a clear and compelling path toward predictable future success.

Our mission is to create value for shareholders. High conviction, deep due diligence, and strict adherence to our investment philosophy is how we do it.
- Christian Cole, CFA, Co-Portfolio Manager
Our long-term focus will ensure disciplined portfolio allocation and risk management through a repeatable investment process focused on creating shareholder value.
- Julia Varesko, Co-Portfolio Manager

Portfolio team

Christian Cole

Co-Portfolio Manager

Christian is a Co-Portfolio Manager in Pacific’s Global Equity Team, focussing on Global Trends, researching and monitoring the investment universe and working on investment ideas. Christian holds a BSc in Economics from Royal Holloway College, University of London.
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Aurimas Martinkevicius

Research Analyst

Aurimas is a Research Analyst at and joined the business in January 2023 when Dominion appointed Pacific as an investment advisor to Dominion’s range of funds. Prior to joining Pacific, Aurimas worked at Dominion since 2021. Before his tenure at Dominion, he was employed at Moody's Investors Service.
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Julia Varesko

Co-Portfolio Manager

Julia Varesko is a Co-Portfolio Manager in Pacific’s Global Equity Team. Prior to joining PAM in September 2021, Julia was a senior analyst covering diversified financials at JP Morgan. She has also held roles at Elsworthy Capital and Berenberg Bank as well as a prior period at JP Morgan where she spent six years covering the Capital Goods sector. Julia is a CFA Charterholder and holds an MSc in Accounting and Finance from the London School of Economics and a BSc in Economics from University College London.
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James Pavey, CFA

Equity Research Analyst

James is an Equity Research Analyst at Pacific. Prior to joining Pacific in 2024, he spent over 3 years at Bank of America and Redburn in both generalist and sector-specific equity research roles. James trained as a Chartered Accountant with PwC and has a BSc in Economics from the London School of Economics and Political Science.
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Lucian de Bonville

Investment Analyst

Lucian de Bonville is an Investment Analyst specialising in ESG analytics and research. Lucian was previously Research Manager at Valuation Investors (a Global ESG Equity Fund Manager); responsible for portfolio construction, company valuations & portfolio analysis. Prior to that he worked at Close Brothers AM as a Financial Analyst on the Socially Responsible Investment team.

DOCUMENTS

See below for the latest Longevity and Social Change documents: 

News & Insights

EM Equity Income

Emerging Markets Income: January Monthly Commentary

Emerging Markets

Emerging Markets: January Monthly Commentary

Emerging Markets

Press Release: Pacific AM launches its first Emerging Market Equities Active ETF

SEE ALL

find out more:

PAM RESPONSIBLE INVESTING

G10 Macro Rates

EMERGING MARKETS

Contact us

Speak to a member of the client team to find out more:

Nick Lemis

Global Head of Wholesale

Mary Murphy

Global Head of Institutional Sales

Seb Stewart

Head of US Institutional Sales

Jonno Ross

Associate Director

Chris King

Associate Director