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14 years of moat-driven ownership

across businesses and assets.

Most portfolios are designed to allocate -
not built to own.

Mash Global Multi-Asset
is built differently.

A moat-driven, multi-asset ownership strategy

built for resilient compounding.

-3.3%

Worst Calendar Year (USD, Net)

(Delaware Fund)

+11.5%

CAGR Since Inception (USD, Net)

(Delaware Fund)

-4.0%

Worst Calendar Year (USD, Net)

(Cayman SPC Fund)

+12.5%

CAGR Since Inception (USD, Net)

(Cayman SPC Fund)

Resilient Compounding

57%

Downside Capture vs. MSCI ACWI

+14.0%

CAGR Since Inception (USD, Gross)

Strategy inception: May 26, 2011. Performance as of December 31, 2025. Performance (USD, Net)  reflects the hypothetical deduction of the highest fee class under the Cayman SPC Fund structure for Non-US Investors and the Delaware 3(c)(1) Fund structure for US investors respectively. Additional information available upon request.

Outperformed in every negative ACWI year since 2011

Built for long-term capital partners.

We partner with a small set of aligned owner-investors who:

01

Think in cycles,

not quarters

02

Prefer ownership 

over allocations

03

Value resilience

over returns 

04

Invest beyond passive

and 60/40 portfolios

A moat-driven, multi-asset ownership strategy

built for resilient compounding.

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