Intellectual freedom is a challenge. It inspires. It excites. It stimulates. But it can frighten, too. There are no obvious answers, no trails to follow, no pre-set moulds to hide behind. That is why we believe in it.
Hear from our leading fund management teams on how we think about the different parts of the global equity market, and how our different managers are approaching it to generate outperformance.
The chart shows how market drivers change over time. The dominance of the key elements of country, sector and factor vary significantly over each turn in the cycle, and with no simple or predictable pattern. Our process is designed to identify and lock onto the driver most likely to predominate through the coming phase. The 'fourth dimension' monitors the degree and rate of change through time, helping us to manage periods of transition.
We believe that by focusing on high quality franchises, offering both durability and compound growth potential, and by consistently applying sensible risk controls, we will build a portfolio with an asymmetrical risk return profile, offering lower volatility than the index but with a high potential for upside capture. If held over the long term this portfolio should generate outperformance and offer significant diversification benefits.
The water and waste management theme offers a source of diversification through investment in companies and sectors that are not typically held in either global funds, sector funds or even in sustainable funds. It is a theme with significant potential to grow faster than global GDP, and it is theme that is perpetual. There is no economy without water, no sustainable economy with waste management.
The fund draws on system-level research to identify the strongest impact opportunities, offering investors exposure to a multi-trillion dollar transformation that is independent of the underlying economic cycle. We aim to create a style-diversified portfolio of innovative pack-leading companies within emerging industries.
