Asset Value Investors LTD
Asset Value Investors Ltd (AVI) is a London-based asset manager founded in 1985 to manage one of the oldest listed investment companies in London. AVI specializes in research-driven, value-oriented long-only global and Japan-specific equity portfolios, focusing on family-controlled holding companies, closed-end funds, and asset-backed situations. As of July 2025, AVI manages approximately $2.3 billion in assets and employs 24 professionals. The firm primarily serves pooled investment vehicles and institutional clients, aiming to deliver long-term capital growth by investing in undervalued businesses whose intrinsic asset value exceeds market price.
Investment Strategy
Asset Value Investors pursues a fundamental, bottom-up value investment strategy in global equity markets. The firm specializes in identifying valuation anomalies in family-controlled holding companies, closed-end funds, and asset-backed situations—particularly where the market price trades at a discount to the estimated net asset value. AVI leverages deep research to unlock value in under-researched companies, such as over-capitalised small-cap Japanese equities, through active engagement and, where appropriate, activism. Its focused, research-intensive approach targets long-term capital appreciation with relatively low volatility, aiming to outperform global benchmarks over rolling five-year periods.
Latest 13F Filing Activity
Asset Value Investors LTD filed their most recent 13F report on Sep 30, 2025 disclosing 3 equity positions with a total 13F market value of $138M. The fund increased holdings in News Corp. New, Nelnet Inc., Net Lease Office Properties. Asset Value Investors LTD reduced exposure to Net Lease Office Properties, Nelnet Inc., News Corp. New.