On the basis of our knowledge, judgement and experience we strive to deliver superior and sustainable returns by investing in first class companies using a long-term perspective. Our investment philosophy is based on the conviction that long-term, consistent earnings growth drives long-term investment returns.

 

We invest in steadily growing businesses that generate predictable and sustainable earnings growth. Over the years, "look through" earnings power behind our clients' portfolios has grown about 15% per year. And this will continue to be our long-term goal.

 

The unique intensity of our fundamental research gives us the conviction to manage highly concentrated portfolios. Although our US portfolios typically contain only 15 to 20 names, we perceive risk in an unconventional way and mitigate it through the earnings power behind client portfolios and the disciplined valuation appraisal we apply.