Why are we different?
Aiming to be the best, not the biggest
We want to be the best investment house, not the biggest. Growing too large can be an impediment to successful long-term investment. When funds become too big their performance can suffer from a lack of nimbleness that prevents investment in the best opportunities within the stock market, particularly within smaller, less liquid companies. By limiting how much money our fund managers manage, we can maintain our emphasis on market-leading, long-term investment performance.
Proven fund managers…
Our success has been founded upon recruiting experienced fund managers with proven investment pedigrees. They are attracted by our entrepreneurial approach and lack of bureaucracy, the latter enabling them to focus solely on investing without the distractions that can arise at a larger company.
…given full intellectual freedom
And our fund managers have complete investment freedom – there is no ‘house’ view on economies, markets, sectors or stocks. This leads to a diversity of views and approaches across our investment professionals and insulates us from the dangers of ‘groupthink’. This intellectual latitude has led to extremely low turnover amongst our investment professionals.