Investment Philosophy

Equity Clients

We believe that a superior equity portfolio can be built by investing in a focused number of companies run by great, shareholder-focused management teams. These companies are diversified across a minimum of globally recognized industry sectors and are purchased at a sufficient discount to their intrinsic value.

Limiting the number of companies in a mandate to a maximum of 25 allows us to become familiar with all aspects of a business which we believe lowers risk. Our limits also ensure each client’s portfolio does not exhibit index-like characteristics, thereby giving the portfolio a greater chance of outperforming over the long term.

We are also of the opinion that macroeconomic forecasting is such an inexact science that good investment decisions cannot be made repeatedly using this as the primary guide. We deliver value by focusing our research efforts on the underlying companies that we buy.

Balanced Clients

CGOV believes that for each balanced client we must bring together the optimal mix of fixed income and equities to achieve their goals. Our balanced clients derive value from the customized construction of an appropriate long-term asset mix, underpinned by conservative bond management and our unique and disciplined equity management.