Capital at risk
When a company has the potential to grow its revenues rapidly, outpacing the broader economy over a sustained period, we call that high growth.
What are high growth’s characteristics?
High-growth companies often drive technological change or disrupt the status quo. They may need external capital or reinvest their free cash flow to pursue future growth. They rarely pay significant dividends, and their share prices can be volatile. Many fall far short of their potential. But those that succeed can reward investors with high multiples of their initial investment. At the portfolio level, the objective is that the successful stocks much more than offset those that don’t work out.
How do we invest in high growth?
We seek ideas that can be disruptive, displacing incumbents and benefiting from profound changes in the use of goods and services over the long term.
Our high-growth portfolios typically range from 25 to 50 stocks. They may have significant amounts invested in our strongest conviction holdings as we seek to maximise the big winners’ impact. Turnover is low at typically around 15 per cent per annum.
High growth strategies
Europe ex UKElevate your portfolio with Europe's outliers - exceptional companies with exciting potential.
Global DiscoveryWe look for early-stage transformative companies poised for long-term growth, scaling up to shape the next decade's success.
International Concentrated GrowthLooking for outstanding global firms transforming societies and economies, seizing significant market share opportunities.
International GrowthSustainable success, global reach: We aim to invest in growth companies with enduring competitive advantages and forward-thinking cultures.
International Smaller CompaniesDedicated to discovering exceptional small companies in untapped markets, investing with an ownership mindset aiming for optimal growth.
Japan Smaller CompaniesWith in-depth insight into Japan's history, we aim to uncover undervalued opportunities for investors.
Long Term Global GrowthConcentrated portfolios of potentially game-changing companies, reshaping returns and embracing future structural shifts for success.
UK AlphaA selection of carefully chosen businesses with a five-year-plus investment horizon.
US DiscoveryTransformative investing: Capturing early opportunities in small-to-mid cap firms with potential for growth and success.
US Equity GrowthInvesting in innovative, high-growth US companies that we believe may be at the forefront of global change.
Worldwide DiscoveryFinding early opportunities in small-to-mid-cap firms with the aim of discovering lasting growth and success.
All our investment capabilities
Core growthLarge, diverse portfolios of growth-focused holdings built with benchmarks and reduced volatility in mind.
Equity and multi-asset incomeSeeking both dependable income and long-term capital growth.
Fixed incomeTargeting company and government bonds with a focus on long-term outcomes.
Flexible growthPortfolios containing a mix of firms focused on disruption, steady compounding and timely capital allocation.
High growthConcentrated portfolios of fast-growth companies, typically holding between 25 and 50 stocks.