Content (8)
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White papersMake time work for you: Comgest Europe Compounders strategy
Time is money. It also has the power to erode value. But what if you could harness this natural force and turn it to your financial advantage?
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White papers‘The fountain of youth’ – Lindy’s Law and quality growth investing
In 1993, Princeton astrophysicist Richard Gott compiled a list of all the then-current Broadway and off-Broadway shows and noted when each had first opened in New York’s famous theatre district. He then predicted, “how long each show would run, based solely on how long it had been running already”. Ultimately, Gott was proven right – with an accuracy of 95%.
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White papersHow salmon became catch of the day
While salmon are known for swimming upstream, salmon farmers face a tough battle when going against the flow to create businesses that align with ESG principles
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White papersIs ‘quality’ a shield against inflation?
During the 3Q 2021 earnings calls, many companies raised a ‘red flag’ for inflation. An industry study by Bank of America Global Research assessed the number of times ‘inflation’ was mentioned by European businesses on these calls.
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White papersAn “ESG” smell test to separate the wheat from the chaff
Looking at the number of press releases regarding funds being launched, or relabelled, as “sustainable” or “responsible”, there is little doubt that “Responsible Investment” (RI) has become a significant trend in the industry over the past 18 months.
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White papersOutlook: The Global Emerging Markets Asset Class
2018 has been challenging for investors in Global Emerging Markets (GEM), with rising volatility in Forex, debt and equity prices causing negative returns. As the year has progressed, several themes have increasingly influenced sentiment and momentum.
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White papersThe hunt for quality
For a growth investor like Comgest, focusing on quality is one of the very few practical approaches to increase our odds of invest- ing in companies that will indeed profitably outgrow expectations already priced in their shares. But, identifying quality should not be limited to approximate yardsticks such as earnings standard deviation, a net debt / Ebitda ratio or even a slightly more elaborate Piotroski score. Instead, there is an interconnected relationship between competitive ad- vantage and quality.
