The strategy uses a bottom-up stock picking approach to create a concentrated portfolio of securities from developed and emerging markets around the world. It invests in a global portfolio of individual companies that are selected through an intelligent and disciplined process. The research process is focused on finding companies that show strong value and quality characteristics. Our research models screen the global stock universe in a disciplined way based on 27 model factors and select the companies that have the highest return expectations.
The portfolio is regularly rebalanced based on those factors. The regional allocation will generally be in line with the global benchmark allocation. The sector allocation can deviate from the benchmark because of the bias towards on stocks with value and quality characteristics. The portfolio consists of our highest conviction stock picks in the U.S., Europe and Asia.