Risk Managment
- Market consensus forms a key part of our idea qualification process which ensures we do not stand against the market but rather look to exploit pricing anomalies within it
- Only looking to reject an idea via our Reverse Active Management process ensures we are not subject to market trends and that we cannot “fall in love” with a country, sector, or stock
- Each company must have a 5 year track record – no IPO’s or unlisted stock
- It is impossible to chase momentum, volumes, or short term market enthusiasm if the fundamental data does not meet our criteria
- No averaging up or down; We initiate each position at a 3.5% weight
- 2 strict stop loss controls - 15% Absolute and 15% High Watermark
- No technical analysis – we are pure fundamental