European Long-Term Unconstrained

About European Long-Term Unconstrained

The strategy is designed for investors seeking sustainable long-term outperformance of the market from a high conviction portfolio, backed by proprietary and systematic fundamental research.

The strategy’s portfolio of 20-40 quality growth companies offer sustainable growth and resilience to economic uncertainty.

Our three long-term mega trends of demographic change, the future of technology and resource scarcity, guide our proprietary fundamental research and portfolio construction. This allows us to invest on multi-decade investment horizon to meet client requirements for sustainable long-term returns.

Proprietary fundamental research can identify long-term value-creating companies undervalued by the market. We elaborate on this below:

The market is myopic and fades returns of quality companies too fast
Our proprietary fundamental research framework is able to identify these companies
Value creating companies compound returns over the long-term

We consider portfolio construction with equal importance to the research process, employing the same high-quality data from the research process. Here we focus on five areas – long-term thematics, company classifications, geographic revenue/profit, end user markets and industry lifecycles. These aid our understanding of the portfolio’s diversity, effectively manage risk and ensure we are positioned to capture long-term growth.

Portfolio characteristics	European Long-Term Unconstrained
Benchmark	Unconstrained
Performance objective	Long-term capital appreciation
Market capitalisation	Mid- and Large-Cap
Forecast tracking error	N/A
Sector/country allocations	Unconstrained
Number of stocks	20-40
Maximum active stock weight	10%
Portfolio turnover	< 25% per annum
Inception	November 2018

European Long-Term Unconstrained - Focused on the long term

We have strong expertise in ESG, culminating in a triple A+ rating by the PRI for the 4th year in a row

Zehrid Osmani
Head of Global Long-Term Unconstrained

Investment team

Led by Zehrid Osmani, the team combine experience of portfolio management, specialist sector research and accountancy to identify long-term value creation.