Strategies 2018-09-05T15:00:23+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 20-40 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 20-40 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: August 31st 2018 5 Years* 7 Years* 10 Years*
European Value Composite – Gross Return (%) 10.06 12.21 9.71
MSCI Europe – Net Return (%) 7.73 9.74 5.57
European Value vs. Reference Index (%) +2.33 +2.47 +4.14

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 August 2018
*Periods greater than 1 year are annualized (%)


European Value Ex-UK Strategy

Period ending: August 31st 2018 YTD 1 Year Since Inception*
European Value ex UK Composite – Gross Return (%) 4.40 10.05 9.83
MSCI Europe ex UK – Net Return (%) 0.92 4.15 7.46
European Value ex UK vs. Reference Index (%) +3.48 +5.90 +2.37

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 August 2018
*Periods greater than 1 year are annualized (%)

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