Global Leaders Select
Why This Strategy?
- 3Cs: Compounding is pursued through concentration and conviction
- High quality: Emphasizes companies that demonstrate strong corporate performance that we believe will be the long-term category winners
- 5/10/15: Creates a high bar for Leaders qualification
- 5% organic sales growth
- 10% earnings per share (EPS) growth and net margin
- 15% return on equity (ROE), margin of safety*, and earnings before interest and taxes (EBIT) margin
- Uncompromising: Makes no compromises on company quality or share valuation
- Diversified: Spans growth and volatility profiles, ranging from offensive to core to defensive
- A-B-C: Global Leaders Select right to win:
- Anticipate change
- Bottom-up and business model focused
- Conviction
Key Facts
| Key Facts | |
|---|---|
| Inception Date | 1/1/2021 |
| Benchmark | MSCI AC World Index |
Investment Philosophy
- We believe a global investment approach focused on identifying companies with improving levels of growth and quality can drive superior long-term investment returns. We look for:
- Growth: Focus on the rate of change and absolute levels of growth
- Increased earnings power: Look for the potential to create value that is not represented in share prices
- Strong management: Make capital allocation decisions that seek to improve competitive positioning and quality metrics
- Improved quality: Focus sustainable value creation on offensive elements of quality, including ROE, margins, and return on reinvested cash flows
Investment Process
Integrated Fundamental, Systematic, and Strategy Research Throughout
*Margin of safety to estimates of intrinsic valuation. Margin of safety is not a guarantee against loss.
Management
Hugo Scott-Gall, PartnerView Bio
Head of the Global Equity Team, Portfolio Manager
Tenure with William Blair:Since
2018
