Our approach
A strategy that seeks to invest in resilient and adaptable businesses that can survive inevitable change, and take advantage of an uncertain future. The Strategy is concentrated (25-35 holdings) and portfolio turnover is deliberately low.
Resilient and adaptable businesses
Companies that can survive adversity and thrive in a changing world
Constantly raising the bar on high-quality companies
To future-proof the portfolio
Exploiting Troy’s structural advantages
Emphasising stability, alignment, patience and adaptability within our investment process
How we invest
We aim to find those rare businesses that can grow at sustainably high returns over time. Markets persistently underestimate the longevity and compounding power of such companies. Our long holding periods aim to capitalise on this.
1
We seek robust businesses with the ability to innovate and adapt to a changing world. Of particular interest to us are management cultures orientated to long-term outcomes.
2
Our in-depth research process – which integrates ESG analysis – allows us the patience and imagination to find exceptional businesses. We build conviction in companies’ ability to deliver.
3
With an adaptable investment process, we continually seek to raise the bar on what it takes to be an exceptional business.