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A well-established fundamental relationship exists between company profitability and valuation.
In the short-term, markets can be inefficient due to varying perspectives, risk aversion and behavioural biases
Excess market volatility suggests that risks and fundamentals may be misunderstood—creating potential opportunities that should be confirmed by fundamental research
Over time, markets tend to reflect relative intrinsic value, rewarding patient investors with strict valuation disciplines and longer-term investment horizons
We aim to deliver high conviction and high active share portfolios that are differentiated by design.
Investment universe is ranked based on profitability and valuation to highlight relative value opportunities
Proprietary fundamental research tools incorporate Environment, Social, and Governance (ESG) analysis: confirming the sustainability of profitability and validating the investment opportunity
Tools for pricing, combining and calibrating risk are integrated in the portfolio construction process
We leverage the intellectual capital of a global network of investment professionals and resources to deliver consistently strong long-term results
Proprietary fundamental, quantitative and decision support tools facilitate insight development, team debate, effectiveness and productivity
Global, regional and country-specific strategies have been designed to meet a broad spectrum of investment goals
The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. Where overseas investments are held the rate of currency exchange may also cause the value of such investments to fluctuate.
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Terms and conditions
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