Kenny Watson

Liontrust IP is an active manager which seeks to find investment opportunities that can sustain or improve their market share over the long-term. The firm’s investment approach is rooted in fundamental, bottom-up research and independent analysis. Investment opportunities are considered by and then debated within the investment team against several macro and micro factors.

RAM is an active, team-based manager which believes that their fund managers should manage with conviction and focus on outperformance. The firm's teams are organized as a series of boutiques, both in their core business and their joint ventures. There are separate teams for each of their core business areas, each led by a Chief Investment Officer. Teams devise the strategy and process which best suits their particular asset class at any given time. The firm's team members cover different sectors within each asset class, allowing individuals to become specialists. The roles of investment manager and analyst are combined, allowing them to fully understand the stocks in which they invest. Information is shared among teams, through RAM's mentoring system, regular meetings and global sector analysis. Each asset class has its own distinct investment approach. Risk controls are integral to the firm's investment process. Their Risk Management team works closely with the investment team to ensure that managers are aware of the risk they are taking when they move overweight or underweight in any particular stock, sector or country. In addition, the executive board meets heads of desks each month to review fund performance. The firm's buddy investment manager provides additional risk control by questioning existing views and their compliance team also monitors and supervises the investment team.

LIL’s investment process includes the objective, strategy, implementation and review. The firm’s fund management teams use distinct and rigorous investment process in managing their funds. They invest worldwide and manage generalist, diversified portfolios spread across various sectors, managed both on a global and regional basis. LIL’s investment team seeks to create value for shareholders over the medium- to long-term, utilizing a top-down approach for asset allocation and a bottom-up approach for selecting ordinary shares. They monitor performance against relevant indexes, but do not track any index. The firm is primarily an equity investor.

IIS is an active, research and conviction-based manager that employs an investment philosophy called Focus on Change, which aims to capture anomalies and inefficiencies between consensus and non-consensus analysis of companies. The firm seeks to consistently add value through their equity portfolios, following a bottom-up approach to construct portfolios comprised of opportunities with real potential. For fixed-income, IIS offers segregated and pooled vehicles across a range of fixed-income sub-sectors and geographies through investment grade corporate bonds, high yield corporate bonds, government bonds, emerging market debt, inflation-linked bonds and absolute return bond strategies.