Strategies 2018-02-07T09:36:18+00:00

Investment Strategies

European Equity

Investor profile:

The European Equity Strategy is suitable for investors who:

  • Have a long-term and fundamental investor mindset
  • Want exposure to European equities or look to diversify their portfolio
  • Look for an active investment manager unconstrained by benchmarks

Investment objectives:

  • Preserving invested capital is a high priority
  • Target an annualized long-term, absolute positive return well in excess of inflation with a lower risk than the reference index

Strategy characteristics:

  • European all cap strategy with a proven strong downside capture
  • Stock selection is the primary source of alpha generation
  • Unconstrained concentrated portfolio of 35-50 holdings
  • High active share, consistently above 85%
  • Cash is used as safe haven and can be as high as 25%
  • Low turnover, on average between 20% and 30% per annum

European ex UK Equity

Investor profile:

The European Ex-UK Equity Strategy is suitable for investors who:

  • Have a long-term and fundamental investor mindset
  • Want exposure to European equities or look to diversify their portfolio
  • Look for an active investment manager unconstrained by benchmarks

Investment objectives:

  • Preserving invested capital is a high priority
  • Target an annualized long-term, absolute positive return well in excess of inflation with a lower risk than the reference index

Strategy characteristics:

  • European all cap strategy with a proven strong downside capture
  • Stock selection is the primary source of alpha generation
  • Unconstrained concentrated portfolio of 30-45 holdings
  • High active share, consistently above 85%
  • Cash is used as safe haven and can be as high as 25%
  • Low turnover, on average between 20% and 30% per annum

European Value Strategy

Period ending January 31st 2018 YTD 1 Year 3 Years* 5 Years* Since Inception*
European Value Composite – Gross Return (%) 1.22 11.83 9.31 11.25 7.15
MSCI Europe – Net Return (%) 1.60 12.43 5.06 9.14 3.49
European Value vs. Reference Index (%) -0.38 -0.60 +4.25 +2.12 +3.65

Reference index used is MSCI Europe – net return index.
European Value track record refers to the gross performance of the composite European Value Strategy.
Calculation Period: 31 December 2007 – 31 January 2018
*Periods greater than 1 year are annualized (%)

European Value Ex-UK Strategy

Period ending January 31st 2018 2016* 2017 Since Inception**
European Value ex UK Composite – Gross Return (%) 0.33 12.03 13.91
MSCI Europe ex UK – Net Return (%) 0.58 11.40 14.82
European Value ex UK vs. Reference Index (%) -0.25 +0.63 -0.91

Reference index used is MSCI Europe ex UK – net return index.
European Value ex UK track record refers to the gross performance of the composite European Value ex UK Strategy.
Calculation Period: 16 December 2016 – 31 January 2018
*Calculation Period: 16 December 2016 – 31 December 2016
**Periods greater than 1 year are annualized (%)

Please note that past performance is no indication of future performance.