We believe BTEM’s management and strategy has turned a corner but it will take time for the market to recognise this. At a recent meeting, we were left with the impression of an engaged, thoughtful management team. AVI exhibited a willingness to acknowledge where they got things wrong, presented an evolved(ing) strategy that retained the fund’s differentiated positioning and a clearer articulation (than from prior meetings) of the conditions under which we should expect the fund&r ....