What Altrinsic Global Advisors does

Altrinsic Global Advisors is an independent, employee-owned investment management boutique founded in 2000 by John Hock, CFA, and headquartered in Stamford, Connecticut, with additional offices in Toronto and Sydney. The firm manages six equity strategies built on a fundamental, bottom-up, absolute value philosophy: International Equity (inception July 2000), Global Concentrated Equity (May 2000), International ACWI ex. US Equity (October 2009), Emerging Markets Opportunities (April 2021), International Equity ADR (September 2022), and Global Equity. Portfolios are concentrated (typically 30-78 holdings) with low turnover (13.4%-28.6% 10-year average), and the firm embeds a proprietary ESG integration framework covering identify, analyze, engage, and impact dimensions across all holdings.

The firm's offerings are distributed through multiple regulated vehicles tailored to investor jurisdiction and account type: limited partnerships, collective investment trusts, and separately managed accounts for US institutional clients; a '40 Act mutual fund (North Square Altrinsic International Equity Fund / NSIVX) distributed by North Square Investments; an Irish UCITS umbrella fund (Altrinsic Funds plc, including the Perterra Global Equity Fund) with multi-currency share classes for non-US institutional clients; and an ASIC-regulated daily-valued unit trust in Australia and New Zealand via MLC Asset Management. The firm is GIPS verified through December 31, 2024, and is a signatory to the UN Principles for Responsible Investment.

Revenue is generated through asset-based management fees ranging from 0.50% to 0.95% depending on strategy and account size (with the top tier lowered to 0.85% effective July 1, 2025), plus potential incentive fees on certain accounts. The client base is primarily institutional investors — pension funds, endowments, and sub-advisory relationships — with secondary access through retail vehicles in Australia/NZ and the US mutual fund. The 34-person team is led by Founder/CIO John Hock and Co-CIO Rich McCormick, supported by a research bench of CFA-credentialed analysts with sector specializations across consumer, health care, technology, energy, industrials, financials, and emerging markets.

Name

Altrinsic Global Advisors

Legal name

Altrinsic Global Advisors, LLC

Website

https://altrinsic.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Altrinsic Global Advisors is an independent, employee-owned investment boutique founded in 2000 that manages six fundamental, bottom-up absolute value equity strategies (international, global, and emerging markets) for institutional clients across the US, Canada, UK, Ireland, Australia, and New Zealand via LPs, CITs, SMAs, '40 Act funds, UCITS, and unit trusts.

Ownership category

akta.pro rank

Product category

Institutional Equity Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)

akta.pro secondary industries

Sustainable/ESG Equity (Active) (FSAAAIAM), Global/International & Emerging Markets Mutual Funds (FSAAAEAK)

Keywords

• Global equity strategies
• International equity management
• Absolute value investing
• Institutional asset management
• Emerging markets investing

Headquarters

HQ city

Stamford

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Altrinsic earns investment management fees based on assets under management. Fee schedules vary by strategy: International Equity (0.75% on first $40M, 0.60% on next $35M, 0.50% on remainder); Global Equity (0.75% on first $25M, 0.60% on next $25M, 0.50% on remainder); Emerging Markets Opportunities (0.85% on first $25M, 0.75% on next $50M, 0.65% on remainder). Some accounts may pay incentive fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels4 records

Core offering

Altrinsic Global Advisors is an independent, employee-owned investment management boutique that manages active, high-conviction global, international, and emerging markets equity portfolios for institutional investors using a fundamental, bottom-up absolute value investing approach. The firm offers six distinct equity strategies (International Equity, International ACWI ex. US, International Equity ADR, Global Equity, Global Concentrated Equity, and Emerging Markets Opportunities) delivered through multiple vehicle types including separately managed accounts, limited partnerships, collective investment trusts, '40 Act funds, UCITS funds, and Australia unit trusts.

Product overview

Altrinsic Global Advisors operates as an independent investment management boutique offering a suite of six distinct global and international equity strategies built on a fundamental, bottom-up, absolute value investment philosophy. The core strategies include International Equity, International ACWI ex. US Equity, International Equity ADR, Global Equity, Global Concentrated Equity, and Emerging Markets Opportunities — each targeting undervalued equities across various geographic scopes and market capitalizations. These strategies are delivered through multiple investment vehicles including Limited Partnerships, Collective Investment Trusts, Separately Managed Accounts, '40 Act Funds, UCITS funds for non-US investors, and an Australia Unit Trust. The firm also sub-advises the North Square Altrinsic International Equity Fund (NSIVX). All strategies emphasize long-term intrinsic value investing, ESG integration, and disciplined fundamental research with high conviction, active management.

Differentiator

Problem solved

Functional benefit

Products and services

• International Equity Strategy High conviction, fundamental, bottom-up, all-cap active equity strategy investing in undervalued international companies outside the US, including up to 20% emerging markets exposure. Inception July 2000, typically holding 60-100 positions.
• International ACWI ex. US Equity Strategy Fundamental, bottom-up equity strategy investing in undervalued non-US companies with flexibility for higher emerging markets exposure. Benchmarked to MSCI ACWI ex. USA Index. Inception October 2009, typically holding 60-100 positions.
• International Equity ADR Strategy ADR-only portfolio strategy investing in undervalued non-US equities through American Depositary Receipts, including up to 20% emerging markets exposure. Available as a model portfolio. Inception September 2022.
• Global Equity Strategy

Quantifiable outcome

• Emerging Markets Opportunities strategy gained 34.9% cumulative since inception (April 2021) gross (28.8% net) vs MSCI EM Index 19.9% gain
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• North Square InvestmentscoreChannel Partner/ Reseller/ DistributorNorth Square Investments distributes the North Square Altrinsic International Equity Fund (NSIVX), sub-advised by Altrinsic Global Advisors. This partnership provides US mutual fund access to Altrinsic's International Equity strategy through North Square's distribution network.
• MLC Asset ManagementcoreChannel Partner/ Reseller/ DistributorMLC Asset Management provides the Altrinsic unit trust available to retail investors in Australia and New Zealand. The Trust is regulated by ASIC and provides daily valuation for investors seeking access to Altrinsic's investment strategies.
• Altrinsic Funds plccoreChannel Partner/ Reseller/ DistributorIrish domiciled UCITS umbrella fund with segregated liability between sub-funds, established as an open-ended variable capital investment company under Irish law. Currently registered for public offering in Ireland and the United Kingdom.
• Principles for Responsible Investment (UN PRI)minorStrategic or Co-development PartnerAltrinsic is a signatory to the UN PRI, having incorporated ESG considerations into investment processes since inception in 2000. The PRI is a UN-supported network of investors working together to implement six aspirational principles.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• First Eagle Investment Management: Independent value-oriented investment manager renowned for its global and international value strategies, with a similar absolute-value philosophy and 'private equity mindset applied to public equities' approach. Altrinsic's John DeVita joined from First Eagle, making it the closest direct peer.
• Harding Loevner: Specialist global and international equity boutique manager focused on high-quality growth and quality-compounding businesses. Comparable to Altrinsic as a similarly sized institutional boutique with dedicated international, global, and emerging markets strategies and a long-term fundamental approach.
• Tweedy, Browne Company: Long-standing global and international value boutique with a bottom-up, value-investing philosophy comparable to Altrinsic's intrinsic-value approach. Operates similar flagship international and global equity strategies for institutional and retail clients.
• Causeway Capital Management: International and global value-oriented equity manager serving institutional clients with fundamental bottom-up research, similar in size, focus, and target institutional client base to Altrinsic.
• Thornburg Investment Management: Privately held active asset manager offering global, international, and emerging markets equity strategies. Comparable boutique structure with multi-vehicle distribution and an institutional mandate focus similar to Altrinsic's.
• Epoch Investment Partners: Global and international value-oriented active equity manager offering institutional strategies using fundamental research and a long-term orientation. Several Altrinsic client experience staff previously worked at Epoch, evidencing close product and cultural overlap.
• Ariel Investments: Independent, employee-owned value-based investment boutique focused on fundamental, bottom-up active management. Shares Altrinsic's boutique, employee-owner, value-investing DNA though Ariel is more U.S.-centric.

Broad incumbents

• Lazard Asset Management: Large global asset manager with extensive international, global, and emerging markets equity capabilities. Multiple Altrinsic analysts (e.g., Robert Lang, Srinivas Polaki) came from Lazard, reflecting overlap in investment approach and target institutional audience, though Lazard operates at meaningfully greater scale.
• MFS Investment Management: Large established global asset manager with international and global equity strategies benchmarked against MSCI EAFE / ACWI, serving the same institutional consultant channel as Altrinsic but at far greater scale.

Emerging players

• Acadian Asset Management: Quantitative and fundamentals-driven global and emerging markets equity manager providing institutional vehicles for the same consultant-driven allocator audience. Overlaps with Altrinsic in EM strategy delivery (e.g., frontier markets) though with a more systematic approach.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altrinsic Global Advisors