Evidence, not opinion

Our investment process is intuitive, logical, clear, and systematically applied.

We employ a purely bottom-up approach to build a portfolio of companies that share four very specific characteristics. They will be well-managed, undervalued, demonstrate improving operating performance and already have a rising share price relative to the market.

We measure these criteria objectively using publicly available financial data, earnings forecasts and historic share price information. All of our analysis is therefore based on evidence rather than opinion.

Our software automatically scores and ranks over 6,000 companies globally  according to the four criteria outlined above. This provides us with a list of attractive stocks on which our investment team then focuses. Due diligence is performed on these companies, resulting in a list of stocks ranked in our own order of preference.

Our portfolios are built by assigning the highest weightings to the stocks in which we have the highest confidence.