According to foreign media reports, legendary value investment fund manager Charles de Vox (Charles de Vaulx) recently jumped from the 10th floor of 717 Fifth Avenue in his office of International Value Advisers (IVA) and committed suicide at the age of 59, leaving behind his wife and two children.

There was an uproar on Wall Street as soon as the bad news came out.There is no doubt that Vox is a veteran who adheres to the value investment strategy for a long time and has a wealth of investment experience.During his career, he firmly practiced the concept of value investment and tended to mine undervalued stocks.

Data showVox is a co-founder of IVA, chief investment officer and portfolio manager.

Along the way, Vox's investment experience is legendary. Vox and three other partners founded IVA in 2008. The value-based approach was so popular during the financial crisis that IVA quickly became the fastest-growing fund in the United States.In its heyday, IVA had more than $20 billion in assets under management, but by the end of last year, IVA had shrunk to $863 millionTwo co-founders also left one after another.

Before committing suicide, the fund managed by Vox had been liquidated.The reason for the liquidation is that its value investment strategy has been greatly challenged by the epidemic, and investors have withdrawn a large number of cash.

It is reported that on March 10 this year, IVA suddenly announced liquidation after a tumultuous year, which puzzled many investors because even though the fund has shrunk sharply, Vox still has quite a few loyal clients. In addition, Vox's long-term business partner Chuck de Lardemelle also announced his departure.

But it's pretty cruelIn fact, many of Vox's stocks have risen sharply in the past few months.According to people around him, Charles is also a man of pride, and perhaps he thinks he has not completed the mission of value investment and lost the reason for his existence.

The official website of First Eagle, where Vox had previously worked, also sent an elegiac mourning.Vox.The company describes it as a long-term advocate of value investment and expresses its commitment to its achievements.HeightApproval:

Charles left an indelible mark on the investment management industry and on those who had the opportunity to work with him.

A statement has also been issued on the IVA website:

We announce with a heavy heart the death of Charles de Valquez, chairman and chief information officer. At this difficult time, all members of IVA expressed their deepest condolences to his family.