Thematic. Global. Returns-focused. Dynamic. Nimble.
We invest in time frames of 5 years and beyond. We find ourselves in a world where the marginal dollar invested is controlled by fast-money hedge funds and traditional institutions that have holding periods measured in months. This compression of holding periods has made market prices more erratic and reactionary - we believe this is a great opportunity for investors that take the long term view. We are in the weighing - not voting - business.
Unconstrained by an index
Our investment team seeks companies that are undervalued by the market and have growth or recovery potential (for e.g. recapitalisations or turnarounds). Whilst we keep an eye on global benchmarks, to assess relative performance, we are concerned with absolute wealth creation and invest where we have conviction as opposed to an index weighting.