investment Process
4 PILLARS OF INVESTMENT
Philosophy
Process
People
Performance
investment Philosophy
Growth Biased
Focused on investing into Quality business that can deliver sustainable high growth over medium term to long term.
Be selective in cyclical businesses
investment Ethos
Ownership Mindset
As investors we bring ownership mindset to investing and think about ourselves as owners of business
Long Term Approach
Our long-term business-oriented approach to investing and proprietary investment framework gives us an edge to overlook short term volatility
Focus on High Quality
We are focused on Investing into Good Quality business that can deliver Sustainable Growth over the medium term to long term
Corporate Governance
We expect good corporate governance from our investee companies and is key to our investment approach
Risk Management
We firmly believe Risk Management is central to our investment approach and as a result we are focused on generating superior risk adjusted returns
investment Framework
Sustainable
Companies with sustainable and durable business models
Sustainable
Quality
Superior quality businesses, demonstrated by their competitive edge, pricing power, ROE and FCF, are led by good quality and competent management teams.
Quality
Growth
Business that can deliver superior growth over medium to long term
Growth
Price
Ability to invest at reasonable valuations. Fair value approach to valuations. Focus on economic value of business
Price
investment Process
Follow a fine-tuned repeatable process
Investment Universe
Identify companies with sustainable earnings growth potential, credible management & long-term growth prospects
Company Research
Analyze fundamentals of the company and industry to assess attractive segments within our universe
Stock Selection
Portfolio is constructed bottom-up based on careful analysis and taking advantage of volatility, crisis, or unusual circumstances
Portfolio Management
In order to ensure investment objectives are met, ensure effective governance, active involvement and timely intervention
SUPERIOR RETURNS AT MODERATE RISK
WHAT WE ARE TRYING TO ACHIEVE
Focus on
Superior Risk
Adjusted
Returns
RISK MANAGEMENT
Investing in unsustainable/weak companies
Experienced investment professionals to help limit investment universe to carefully selected high quality business
Overpaying for a company
Detailed in-house research to enable “Fair Value” based investment recommendations
Inability for management to drive growth
Assess quality of team and their focus on creating shareholder value
Risk due to company or sector specific event
Effective and timely response to uncertain events possible due to in-depth understanding of businesses
Overleverage or dependent on a critical revenue stream
Monitor overall financial risk and leverage of investee company
Risk of business failure
Experienced investment professionals to help limit investment universe to carefully select good quality businesses
Market Risk
Monitor overall portfolio volatility and control risk class/ sector/ stock exposures as needed
Quality Risk
Investing in unsustainable/weak companies
Experienced investment professionals to help limit investment universe to carefully selected high quality business
Price Risk
Overpaying for a company
Detailed in-house research to enable “Fair Value” based investment recommendations
Management Risk
Inability for management to drive growth
Assess quality of team and their focus on creating shareholder value
Event Risk
Risk due to company or sector specific event
Effective and timely response to uncertain events possible due to in-depth understanding of businesses
Financial Risk
Overleverage or dependent on a critical revenue stream
Monitor overall financial risk and leverage of investee company
Mortality Risk
Risk of business failure
Experienced investment professionals to help limit investment universe to carefully select good quality businesses
Volatility Risk
Market Risk
Monitor overall portfolio volatility and control risk class/ sector/ stock exposures as needed