Restrictions on student numbers weighing heavily on IDP Education have created an “attractive entry point” for investors, with longer-term trends supporting the country’s largest listed provider of international education services, says Ellerston Capital.

The boutique fund manager’s Chris Kourtis told clients that the firm, which has some $5 billion in assets invested, had joined peers in buying into the company, which has been battered by proposals in Australia, Canada and the United Kingdom to tighten visa and immigration rules, reducing the number of potential customers.