Discovery Q3 investment update

Steven Hay on navigating change from rising regional markets to the AI revolution.

Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.

Investment manager Michael Taylor reflects on recent performance, portfolio changes and market developments.

The Global Discovery Fund aims to outperform (after deduction of costs) the S&P Global Small Cap Index, as stated in sterling, by at least 2 per cent per annum over rolling five-year periods.

The Worldwide Discovery Fund aims to produce attractive long-term returns, mainly through capital growth. The Fund will invest primarily in equities which are listed, traded or dealt in on Regulated Markets worldwide and which will typically be stocks of smaller or younger companies that the Investment Manager considers to have strong future growth prospects.

We look for early-stage transformative companies poised for long-term growth, scaling up to shape the next decade's success.

Finding early opportunities in small-to-mid-cap firms with the aim of discovering lasting growth and success.