Strategy Overview
Global Equity Portfolio
The Global Equity Portfolio invests in a diversified portfolio of equities and equity-type investments in developed and emerging markets. The Portfolio uses our proven stock-selection process backed by our extensive global research capability. It seeks to generate long-term growth through capital appreciation as part of a well balanced investment strategy. Lance Phillips, Head of Global Equities, has over 24 years’ experience in the industry and has been lead asset manager for the Global Equity Portfolio since its launch in 2003.
Global Equity Portfolio at a glance
| Portfolio | Global Equity |
|---|---|
| Benchmark | MSCI World Index |
| Performance target | Target of +3% |
| Portfolio exposures | Stock +/-3%, Sector +/-7%, Country +/-20% |
| Investment approach | Stock-specific investments based on Focus on Change philosophy |
| Number of stocks | Target 90-110 |
| Asset manager | Lance Phillips |
Global Equity Unconstrained Portfolio
The Global Equity Unconstrained Portfolio invests in a concentrated portfolio of equities and equity-type investments in developed and emerging markets. The Portfolio uses our proven stock-selection process backed by our extensive global research capability. It seeks to generate long-term growth through capital appreciation, serving as a source of high alpha within a broader investment portfolio. Mikhail Zverev, Investment Director – Global Equities, has over 13 years’ experience in the industry and has managed the Global Equity Unconstrained Portfolio since January 2010.
Global Equity Unconstrained Portfolio at a glance
| Portfolio | Global Equity Unconstrained |
|---|---|
| Benchmark | Measured against MSCI World Index but not constrained by it |
| Portfolio exposures | nconstrained by benchmark, single sector < 30% |
| Investment approach | Best ideas, stock-specific investments based on Focus on Change philosophy |
| Number of stocks | Target 40-50 |
| Asset manager | Mikhail Zverev |
