About this strategy
We believe differentiated sources of long-term capital appreciation must be generated through independent thinking. We seek to invest in durable businesses whose stocks are trading at a significant discount to what we believe is their fair value, whose intrinsic value is expected to grow over time and whose management teams are aligned with shareholders.
Differentiated Portfolio Construction
- Disciplined approach to find opportunities where the business model is misunderstood, assets are undervalued or growth trajectory is underappreciated by the market
- Seeks to generate capital appreciation through both the buying of a stock at a significant discount to intrinsic value and the compounding growth of a durable business
Diversifying Equity Asset
- Concentrated all-cap portfolio that may serve as a diversifying equity asset not tied to the index or broad economy
- Leverages Janus Henderson's deep fundamental research and differentiated time horizon across both the equity and fixed income teams