About our approach
The Manager uses a contrarian approach to value investing and employs a bottom-up stock selection process to invest in undervalued, out-of-favour companies with strong balance sheets.
The belief is that the most predictable behavioural response of investors is their over-reaction to negative news. The Manager therefore purchases shares in companies when sentiment towards them is very poor, and valuation is at a discount to our assessment of fair value.
However, there is no guarantee that a company’s valuation will recover and losses may be made.