I’m looking for a new angle on...

Witan employs an active multi-manager approach, allocating funds for investment by selected managers with different styles and specialisations.

play symbol
Artemis Investment Management LLP

Derek Stuart

play symbol
Lindsell Train Limited

Nick Train and Michael Lindsell

play symbol
Lansdowne Partners (UK) LLP

Peter Davies

play symbol
Veritas Asset Management LLP

Andrew Headley

play symbol
GQG Partners LLC

Rajiv Jain

play symbol
Jennison Associates, LLC

Mark Baribeau

play symbol
WCM Investment Management

Mike Trigg

Artemis Investment Management LLP

Derek Stuart

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: UK
  • Style: Recovery/special situations
  • Benchmark: MSCI UK IMI
  • Inception date: 06/05/2008
  • UNPRI signatory: Yes

Derek Stuart, manager of Artemis’s UK Special Situations strategy, aims to achieve superior long-term growth by looking for unrecognised growth potential in companies, often those that are unloved or out of favour. The strategy, which favours smaller and medium-sized companies, identifies hidden value within ‘problem investments’ which can be companies in need of new management or refinancing or are suffering from investor indifference. The focus on those companies which can help themselves rather than relying on a change in the business climate aims to avoid ‘value traps’ and other risks associated with a ‘special situations’ strategy. The Artemis team places great emphasis on personal knowledge of management teams and meets with them regularly. This helps them understand what can be achieved and how aligned management are with shareholders. The portfolio typically has fewer than 50 holdings.

*Information is as at 31.12.20.

Lindsell Train Limited

Nick Train and Michael Lindsell

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Global
  • Style: Long-term growth from sustainable business models and/or resonant brands
  • Benchmark: MSCI ACWI
  • Inception date: 01/09/20101
  • UNPRI signatory: Yes

Lindsell Train, headed by Nick Train and Michael Lindsell, is guided by four investment beliefs: investors undervalue durable, cash-generative business franchises; concentration can reduce risk; transaction costs are a ‘tax’ on returns; and dividends matter even more than you think. These tenets have led to the creation of a high-conviction portfolio of 15 to 20 stocks which they describe as “rare and beautiful assets” with a focus on those businesses with truly sustainable business models and/or established resonant brands. In building the portfolio they focus on companies demonstrating long-term durability in cash and profit generation. Lindsell Train Limited is a small company, with 19 staff looking after over £23bn of client assets. This small size allows the two founders and their team the freedom to concentrate on investment issues. The ownership structure allows the partners to focus on long-term performance rather than short-term market ‘noise’. This clear sense of purpose and single-minded pursuit of investment excellence is a key distinguishing feature of Lindsell Train’s approach.

*Information is as at 31.12.20.

1Lindsell Train managed a UK portfolio from 01.09.10 until 31.12.19

Lansdowne Partners (UK) LLP

Peter Davies

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Global
  • Style: Concentrated, benchmark-independent investment in developed markets
  • Benchmark: MSCI ACWI
  • Inception date: 14/12/2012
  • UNPRI signatory: Yes

Founded in 1998, Lansdowne Partners has evolved to become one of the UK’s pre-eminent investment management boutiques. The Long Only Developed Markets Strategy, managed by Peter Davies and Jonathon Regis, combines a detailed thematic approach with rigorous company analysis to identify an adaptable portfolio positioned for underappreciated or contrarian trends. The two lead managers benefit from the support provided by a team of experienced and insightful analysts who tend to focus on key sectors of interest to the team.

The high-conviction portfolio is the result of detailed company-specific research, allied with an appreciation of global thematic developments. The team is willing to make significant adjustments to the portfolio to reflect its view of the changing investment landscape.

*Information is as at 31.12.20.

Veritas Asset Management LLP

Andrew Headley

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Global
  • Style: Real return objective from high-quality companies
  • Benchmark: MSCI ACWI
  • Inception date: 11/11/2010
  • UNPRI signatory: Yes

Andy Headley, Head of Global Strategies at Veritas, uses a number of research methods to help identify industries and companies that are well-positioned to benefit from medium-term growth, regardless of where they are located. The aim is to generate excellent real returns and minimise the risk of permanent capital loss. Potential investments are analysed from an absolute basis rather than relative to any benchmark or index. This equity portfolio follows a Global Focus strategy, investing with a disciplined approach to valuation in ‘quality’ mid to large capitalisation companies. It typically contains fewer than 30 stocks, chosen with a highly selective and rigorous approach, and is focused on a handful of investment themes.

*Information is as at 31.12.20.

GQG Partners LLC

Rajiv Jain

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Emerging markets 
  • Style: High-quality companies with attractively priced growth prospects
  • Benchmark: MSCI Emerging Markets
  • Inception date: 16/02/2017
  • UNPRI signatory: Yes

GQG Partners’ Emerging Markets Equity strategy seeks to invest in high-quality companies with attractively priced future growth prospects. Portfolio manager Rajiv Jain focuses primarily on high-quality, large-cap companies in emerging market economies and employs a fundamental investment process to evaluate each business. The resulting portfolio, which is constructed without reference to benchmark country weights, seeks to limit downside risk while providing attractive returns to long-term investors over a full market cycle. The current portfolio of 60 stocks is diversified across 13 markets and four continents. GQG Partners’ portfolio aims to participate in the growth that emerging economies promise to deliver over the long term, while avoiding some of the risks that are often associated with individual countries and stocks within their investment universe.

*Information is as at 31.12.20.

 

Jennison Associates, LLC

Mark Baribeau

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Global
  • Style: Companies with exceptional growth prospects
  • Benchmark: MSCI ACWI
  • Inception date: 01/09/2020
  • UNPRI signatory: Yes

Mark Baribeau, Head of Global Equities at Jennison Associates, seeks to invest in a portfolio of market-leading companies with innovative business models, positively inflecting growth rates, and long-term competitive advantages. Mark, along with co-portfolio manager Tom Davis and a team of global sector analysts, employs a high conviction, concentrated approach that is sector, region and country-agnostic. The team invests in a select group of companies with innovative and disruptive businesses that are driving structural shifts in their respective industries. They also look for companies with defensible business models and attractive product offerings, supported by secular demand trends. The portfolio typically has between 35 and 45 holdings and securities must meet stringent standards in order to remain or earn a place in the portfolio.

*Information as at 31.12.20

WCM Investment Management

Mike Trigg

Please remember past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of currency and market fluctuation and you may not get back the amount originally invested.

  • Mandate: Global
  • Style: High quality companies with strong culture and increasing competitive advantage
  • Benchmark: MSCI ACWI
  • Inception date: 01/09/2020
  • UNPRI signatory: Yes

Based in Laguna Beach, California, WCM is an independent asset management firm that runs focused portfolios, comprised of high-quality businesses with growing economic moats, aligned with strong, adaptable corporate cultures, and supported by durable global tailwinds. The portfolio is concentrated in 30-40 highconviction investments with the objective of securing long-term excess return and downside protection. As an active manager, WCM believes that their investee companies have meaningful structural advantages which, when allied with a ‘buy and manage’ low turnover approach, will allow long-term outperformance of the relevant benchmark.

*Information as at 31.12.20

Responsible Investment

Responsible Investment

Our portfolio

Learn more

Keep up to date

Register for alerts