OUR INVESTMENT PROCESS

WHAT WE LOOK FOR IN COMPANY

Good business economics

We assess a company’s growth opportunities, its ability to generate cash and sustainable returns on capital, its capital structure, and the strengths and weaknesses of the industry in which it operates.

Quality management

We place significant emphasis on the management team who are responsible for capital allocation decisions. We consider their track record, how they operate the business, their personal traits, and whether or now they are disciplined stewards of shareholder capital.

Favourable valuations

We make sure that we aren’t overpaying for the value we are receiving by understanding the intrinsic value and the range of possible outcomes.

ESG FACTORS

We evaluate how a company manages environmental, social and governance issues strategically for the long term.