We seek long-term growth of capital by investing in a select group of financially strong companies in developed and emerging countries, including the U.S.
We believe that the market does not always reflect the true value of a security and that certain stocks whose price-to-cash earnings ratios are low relative to their long-term growth rates can produce superior investment returns over time.
The investment decision-making process is a disciplined, research-driven, bottom-up process, which leverages the network of GE resources. The process begins by screening the universe of primarily large-cap stocks available. Our analysts perform detailed company analysis focused on valuations and company fundamentals. We conduct quantitative analysis focused on Price/Cash Earnings Ratios, Cash Earnings Growth and Yield. Detailed, fundamental company analysis, industry competitive analysis and a macro environment review further narrows the list of buy candidates. Our analysts then seek a catalyst for change in each stock that will unlock the future potential of the company. Final portfolio construction is driven by our level of conviction in each stock based on thorough discussions among the portfolio managers and an overall risk assessment. The result is a concentrated portfolio of 30-50 global equity stocks that the portfolio management team has the highest conviction in.
| Other Equity Strategies | |
