Our approach

Watch this three-minute video to hear David Cumming, Chief Investment Officer, Equities, explain the benefits of being active investors without style constraint in today's climate, how we integrate environmental, social and governance (ESG) considerations in to our investment approach and what he believes makes us different. 

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Active, fundamental and responsible

Our integrated and disciplined investment process provides the framework and confidence for portfolios to have high active shares. We use our access to management to gain an information advantage, driving non-consensus views. We direct our resource towards fundamental analysis and being on the right side of change – an option not available to passives or ETFs. 

ESG is a core, integrated input into our investment process. We actively assess individual company ESG performance and risk factors. In conjunction with our Global Responsible Investment (GRI) team we continually engage with companies to promote positive change and monitor the long-term value of our investments.

Benefits

Our investment advantage.

Style agnostic

We focus on the best stock opportunities irrespective of style implications. This allows for a wide opportunity set and dynamic style drift. It reduces systematic exposure to factor biases and gives us the flexibility to take advantage of value-distorting macro drivers.

Future focus

Our analysis is focused on the future as this offers the best prospects for non-consensus insights. Market inefficiencies are greatest when analysing the future, particularly when companies face a changing environment.

Connected thinking

A common investment language embedded across all regions and sectors facilitates the delivery of sharp and effective connected thinking. Enhanced by direct company contact and integrated information flows from ESG, Macro, Multi-Asset and Credit teams, our process ensures all relevant investment information is surfaced when making each stock selection decision.

Key risks

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Need more information?

For further information, please contact our investment sales team.

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