Equity
Discovery Growth Equity Team
The team believes that innovative companies with superior fundamentals are frequently mispriced in equity markets. Through intensive fundamental research, this mispricing is the key inefficiency that the team seeks to exploit.
Long-term performance starts with identifying companies on the “right side of change.”
Competitive advantages
Right side of change
Identifies companies on the “right side of change” using a non-formulaic approach to idea generation
Fundamental edge
Develops bottom-up fundamental “edge” through all-cap “surround the company” research
Risk/return assessment
Assesses each holding for attractive risk and return to avoid excessive valuations
Portfolio construction
Constructs portfolios to balance risk across core holdings, developing situations, and valuation opportunities