Chart of the month: Okumus


Okumus Capital has seen benchmark-busting gains in its Opportunity Fund, which has over $170 million under management. The fund, managed by Ahmet Okumus in New York, has realized a 35% annualized compound return since its inception in 1997 and gained 28.8% last year. Even more impressive has been its ability to maintain double-digit performance through tough bear periods by focusing on good growth companies trading at deep discounts to their intrinsic value. Despite a smattering of negative returns in late 2002, the fund has not had a down year to date and is up 603.2%