Quality companies

The careful selection of high-quality companies at reasonable valuation remains our best defence against permanent loss of capital
 

We are uncompromising in our approach to:

• The integrity  of management and controlling shareholders
   
• Alignment. We look for owners and managers who’s wealth is tied up in the value of the same equity available to minority shareholders
   
• The financial durability and strength of a franchise
   
• The long-term sustainable nature of the business.
   

These are all key determinants of a company’s quality. It is our conviction in the quality of the companies we own that gives us  the confidence to invest with a long-term mindset and for client returns to benefit from the power of compounding.