Fill in the fields below with your contact's details and an optional message to email your PDF.
The New Capital Dynamic European Equity Fund is a core strategy designed to access opportunities in Europe regardless of macro conditions and the current stage of the market cycle.
From a bottom-up perspective, the case for investing in Europe is strong. There are many excellent franchises on the Continent with an international focus, allowing us to have a globally exposed portfolio.
We are cognisant of wider macro issues but choose to seek out companies that can do well regardless of the economic backdrop. We also remove concerns about cyclicality by having no particular style or market cap bias.
We look for companies that can grow their cashflows over time with a two to four-year outlook. We then select those with the best management teams, whose interests are aligned with shareholders but can also keep on growing in the future by investing in their own businesses. Our portfolio is concentrated in terms of the number of names – out of the universe of around 600, we hold roughly 60 stocks. However, the portfolio is well diversified and we have exposure to every single sector.
This approach works through market cycles, across time periods, enabling us to outperform in all kinds of market and business environments.
Having 10 sectors is not necessarily the most effective way of representing an economy, but by taking this approach, we can make sure we have exposure to every industry and the interesting parts within these.
Looking for companies that can deliver value to shareholders independently of market conditions.
Sign up to receive thelatest investment news, perspectives & insights
Issued by EFG Asset Management (UK) Limited. Registered in England and Wales 7389736.Registered Office: Leconfield House, Curzon Street, London, W1J 5JB. Authorised and regulated by the Financial Conduct Authority.
T +44 (0)20 7412 3847 | E email@example.com