The pessimism of 2022 continued into the third quarter, as the majority of major indexes again posted negative results for the quarter. War in Europe, runaway inflation, rising interest rates and expectations of a collapse in corporate profits weighed on capital asset prices.Learn More
Aims to provide long-term capital appreciation through a concentrated portfolio of value equity securities.
Why This Strategy?
Led by the Snow investment team who have an average of over 19 years’ experience in the value equity space.
The concentrated portfolio of 18 to 24 stocks represents the team’s highest conviction ideas. Consists of our best large and mid-cap value investment ideas.
Investment philosophy that is consistent with modern behavioral finance research and aims to take advantage of investor overreactions to negative surprises.
Fundamental research process focuses on identifying out-of-favor stocks that are in sound financial condition and should experience an upward rerating in their P/E ratio with a positive shift in investor sentiment.