We believe that the best way to create strong risk-adjusted return over time is to own the best assets for the long term.
Through a rigorous and proprietary bottom-up investment process we aim to build a portfolio that combines excellent economic characteristics and great management.
We have a long-term investor base that includes many of the world’s leading endowments, charitable foundations,emergin economies and sovereign wealth funds.
From an initial focus on American equities migrated from USA Index Global Group LTD has, since 2019, also managed funds dedicated to Global equities which has enabled a valuable cross-pollination of insights and analyses that benefits all our funds.
Invest Philosophy
Great businesses
We seek to align ourselves with the best quality listed companies in the world. For us that means they can grow, sustainably, faster than the economy or their peers; have true pricing power; enjoy recurring revenues from their customers; and are able and willing to invest counter-cyclically in a downturn, strengthening their long-term advantages. We invest only where we can understand the sustainability of the business model.
Long-term
We believe that quality businesses will sustainably outperform over the longer-term. That is why we also invest for the long-term, to benefit from the compounding of our companies’ earnings.
Management
Quality companies are usually led by high quality management teams. We look to build strong and supportive relationships with our companies, and to share the unique perspectives of our research process.
Alistair Piers, CEO
“Asset management is not a transaction, it’s a precision of financial engineering.”
Former Managing Director (MD) in Structured Finance at J.P. Morgan Chase (London).