Sessions

Speaker: Paul Middleton, Global Equities Senior Portfolio Manager – Mirabaud Asset Management

Fund: Mirabaud Sustainable Global Dividend 

You can’t eat earnings”. Global Equities Portfolio Manager, Paul Middleton, will present the case for targeting equity income with added growth optionality. Paul builds equity portfolios around a selection of global themes powered by secular tailwinds. He uses this framework to bring opportunities to the surface before applying an ‘Attack, Midfield & Defence’ portfolio construction strategy to minimise macro risk, maximise income and ensure single stocks are the biggest drivers of returns.

Speaker: Nisha Thakrar, Product Specialist – Nedgroup Investments

Fund: The Nedgroup Investments Contrarian Value Equity Fund

Since 1993, California-based FPA, have applied a disciplined value approach to deliver positive long-term returns, outperforming value and core global equity peers. The bedrock of this is:

1. An investment framework that identifies undervalued compounders, commercial opportunities and special situations, with long-term growth prospects.

2. An absolute return mindset that emphasises preserving capital while seeking market-beating returns.

3. A team structure that unlocks a best ideas portfolio regardless of geography and sector.

With market concentration on the rise, the FPA and Nedgroup Investments team shares why contrarian value investing can help investors generate long-term growth without the pitfalls of traditional value investing.

Speaker: Tom Jeffcoate, Partner Head of Equity Funds

Fund: Stonehage Fleming Global Best Ideas Equity Fund

How do you define quality? In our session we will consider one of the most common questions we get asked today, with a particular focus on the merits of sustainable, profitable growth and the value-add that best-in-class management can create. We will also address the equally popular topic of whether quality companies are overvalued by taking an alternative look at the historic PE multiples of some of the world’s highest quality companies. Our discussion will include examples of several top-quality companies that global equity investors, seeking compounding returns, can own today.

Speaker: Andrew Surrey, BA DipPFS IMC FRSA, Senior National Development Manager Active Lead, UK Distribution

Fund: Vanguard Global Sustainable Equity

With EM equities underperforming DM over the last decade, should investors write off the asset class? Using Vanguard’s latest Capital Market Models forecasts, Andrew Surrey and Perry Marsden will look at why you should check how you are getting your exposure to EM equities for the coming decade. Highlighting Vanguard’s framework for choosing and overseeing active managers they will highlight a top performing – yet easy to hold solution for your EM equity exposure.

Speaker: Wilfrid Craigie, Senior Investment Analyst

AVI are specialists in identifying mispriced assets; understanding complex listed structures; and engaging with companies to un-lock hidden value. The dislocated valuations of companies provide a margin of safety while understanding idiosyncratic events and potential catalysts mitigates some of the risks of under-researched companies. We will discuss how complex structures can be unravelled and the importance of controlling shareholders.

Speaker: Anthony Hene, Portfolio Manager / Research Analyst – Focused Equity

Fund: GMO Quality Investment Fund

The GMO Quality Strategy presents investors with an ideal core equity holding that has delivered strong returns, stability, and downside protection for nearly 20 years and counting. Even so, in today’s environment we believe there are a few notable reasons that make investing in quality particularly worthwhile, Anthony will speak to these reasons, and address GMO’s unique focus on valuation and why we feel that makes such a difference when investing in quality.