Barry Norris founded Argonaut Capital Partners in 2005 and manages the YFS Argonaut Absolute Return Fund and the YFS Argonaut Flexible Fund.

 

Prior to setting up Argonaut, Barry was Head of European Equities at Neptune Investment Management where he managed the Neptune European Opportunities Fund from its launch in November 2002. Prior to Neptune, Barry worked at Baillie Gifford as an equity analyst.

 

Argonaut invest with conviction and the strategies seek to deliver attractive risk-adjusted returns to investors through the economic cycle by following a rigorous, repeatable and proven investment process. They invest in their own strategies, they manage money without formal reference to benchmark and their clients include institutions, wealth managers, family offices and private individuals.

 

Argonaut’s investment philosophy revolves around three core principles:

 

  • Independent thinking

First principles thinking is key to alpha generation. They use external research but never rely on it.

 

  • Conviction investing

Great ideas are rare so should be made to count. Where they find attractive risk-reward they invest with conviction albeit they always look to avoid anchoring. They seek to have strong convictions loosely held: if they feel the facts have changed they will change their positioning.

 

  • Absolute returns

Risk Management is key to long term compounding. They think in absolute rather than relative terms, they manage money without reference to benchmarks and they seek to make positive returns in all market environments.

Explore Funds & Documents

Fund Name:

Currency:

Share Class:

Asset Manager Fund Name Currency ISIN Share Class OCF Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund USD GB00BN722C54 O 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund GBP GB00BN722925 O 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund EUR GB00BN722B48 O 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund USD GB00BN722818 A 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund GBP GB00B7MC0R90 A 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund EUR GB00B7K37282 A 1.60% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund USD GB00BH36TH37 I 0.85% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund GBP GB00B79NKW03 I 0.85% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund EUR GB00B779CH97 I 0.85% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund USD GB00BW5T1243 O 1.66% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund GBP GB00BW5T0N82 O 1.66% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund EUR GB00BW5T1136 O 1.66% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund USD GB00BN6RZW22 AP 1.76% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund GBP GB00BN6QKC40 AP 1.76% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund EUR GB00BN6RZV15 AP 1.76% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund GBP GB00BTCLCR41 I 0.91% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Flexible Fund EUR GB00BTCLCT64 I 0.91% Factsheet KIID
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund USD GB00BN6S0533 OP 1.94% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund GBP GB00BN6S0319 OP 1.94% Factsheet
Argonaut Capital Partners LLP YFS Argonaut Absolute Return Fund EUR GB00BN6S0426 OP 1.94% Factsheet

Latest updates from Argonaut

Investment Commentary
June 9, 2026

Investment Commentary: Argonaut Capital Partners LLP

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