For ten years now we have been demonstrating that active management can be reinvented to reconcile profitability with responsibility. Active portfolio management, based on thorough fundamental analysis including direct engagement, is the keystone of the Buy & Care investment strategy.
The strategy, developed by PPT, has now matured to a point where it may be useful to restate its three founding principles. They have proved particularly reliable in the long term and through changing financial and economic cycles.
1. We do not invest in a stock but in a company. Every effort will be made to visit the companies and increase our understanding of their business model and their senior managements’ ability to ensure its longevity.
2. The main aim is to create added value for our investors in the medium and long term. We are proud to have advanced active management as a whole, particularly by working with a longer time horizon that requires strict discipline in the fundamental analysis.
3. We build concentrated portfolios. Our deep analysis strengthens our convictions and reduces portfolio turnover and transaction fees, while also enabling us to deviate from the benchmarks.