ABOUT THIS STRATEGY
Our focus is to generate excess returns by capitalizing on the dislocation between market expectations and our assessment of free cash flow growth. We believe success depends on incorporating independent and uncorrelated sources of alpha, while executing fundamental and behavioral analyses to identify the most attractive investment opportunities.
High-Conviction, Concentrated Best Ideas
International stock portfolio with no persistent style bias. We seek to find differentiated insights into the magnitude, duration, quality and/or use of cash flow growth.
Independent & Uncorrelated Insights
Harnesses the intersection of independent viewpoints and differentiated perspectives between the portfolio managers and research analysts.
Disciplined Portfolio Construction
Manages risk exposure and aims to ensure stock selection is the primary determinant of risk and return. Implied Alpha translates a portfolio manager’s conviction into portfolio impact by considering historical volatility and correlation of all portfolio holdings to each other.