OUR INVESTMENT APPROACH
“THE TIME TO BUY STOCKS IS WHEN THEY ARE ON SALE, AND NOT WHEN THEY ARE HIGHLY PRICED”
Warren Buffett
INVESTMENT PHILOSOPHY:
Our process has an absolute return ethos looking for deep discounts to intrinsic value and with limited downside risk due to robust balance sheets coupled with a clear catalyst. Our primary sources of ideas come from three conceptual buckets – Overlooked Assets, Mispriced Cashflows and Under Earners.
Our investment philosophy is to:
- Be a pragmatic, active investment manager, unconstrained by benchmarks
- Invest in businesses that trade at a significant discount to their intrinsic value
- Insist on a clear catalyst to drive performance
- Be patient, keep reviewing and questioning everything we do
With fifty years’ experience managing International equities, we combine a common-sense approach with detailed analysis to deliver sustainable returns for all our clients.
Embedding a strong Stewardship and Sustainability culture
We are committed to embedding Sustainability values into both our investment process and our own business culture. We aim to develop and maintain a diverse workforce and we are committed to providing equal employment opportunities and a workplace in which mutual trust and respect is paramount.