Investment Objective*

Seek long-term capital appreciation by outperforming the MSCI ACWI ex. US Index over a full market cycle, while maintaining a diversified portfolio of equities across developed and emerging markets outside the United States.

Investment Approach

A disciplined, systematic investment process that combines fundamental and behavioural insights to identify attractively valued companies with high-quality fundamentals and improving growth prospects. Our innovative stock-selection model evaluates each company in context, placing greater emphasis on the factors most relevant to its stage of development. Risk-aware portfolio construction seeks to translate these insights efficiently into a diversified portfolio while maintaining controlled active risk.

Key Features

• A diversified portfolio of developed- and emerging-market equities across non-US countries.
• An active, benchmark-aware approach designed to serve as a consistent core ACWI ex. US equity allocation.
• Systematic stock selection incorporating Growth, Linkages, Quality and Value insights.
• Contextual modelling that dynamically adjusts the emphasis on Growth and Value at the company level.
• Pragmatic portfolio construction designed to maximise exposure to intended alpha sources while limiting uncompensated risks.
• An experienced investment team supported by three decades of live quantitative equity track records and an ongoing commitment to rigorous research.