Capital at risk
High growth
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
China A Shares
A concentrated portfolio of 25-40 high-growth companies that are listed in China’s domestic market.Emerging Markets Leading Companies
A more concentrated Global Emerging Markets portfolio of 35-60 stocks. Seeking strong opportunities to own for the long term.Europe ex UK
Elevate your portfolio with Europe's outliers - exceptional companies with exciting potential.Global Discovery
We look for early-stage transformative companies poised for long-term growth, scaling up to shape the next decade's success.Japan Smaller Companies
With in-depth insight into Japan's history, we aim to uncover undervalued opportunities for investors.Long Term Global Growth
Concentrated portfolios of potentially game-changing companies, reshaping returns and embracing future structural shifts for success.Positive Change
We invest in companies that we believe positively impact society and the environment, with the aim of generating attractive returns.UK Alpha
A selection of carefully chosen businesses with a five-year-plus investment horizon.US Equity Growth
Investing in innovative, high-growth US companies that we believe may be at the forefront of global change.Worldwide Discovery
Finding early opportunities in small-to-mid-cap firms with the aim of discovering lasting growth and success.
All our investment capabilities
Core growth
Large, diverse portfolios of growth-focused holdings built with benchmarks and reduced volatility in mind.Equity and multi-asset income
Seeking both dependable income and long-term capital growth.Fixed income
Targeting company and government bonds with a focus on long-term outcomes.Flexible growth
Portfolios containing a mix of firms focused on disruption, steady compounding and timely capital allocation.High growth
Concentrated portfolios of fast-growth companies, typically holding between 25 and 50 stocks.
Important information
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