We aim to generate positive risk-adjusted returns over the investment horizon by investing in structural growth sectors globally, predominantly through global equities. We do not intend to replicate the returns of the MSCI World Index, and the composition of this index doesn’t influence our investment decision. We make our stock decisions based on where we see the opportunity set, and we will allocate currencies as a separate overlay.
AIM’s research and investment process is focused on identifying structural growth sectors and companies exposed to those sectors, by combining extensive macro and micro research. As part of this process, AIM meets regularly with management teams, travels globally and attends conferences. The research process involves rigorous fundamental analysis covering countries, sectors, companies, supply chains, consumer behaviour, management expertise and the competitive environment. The research process is thorough and is not only focused on opportunities, but also downside risks to our investment thesis.
More specifically, we aim to identify the best businesses in the world in structural growth sectors with multiple characteristics, which may include:
The Portfolio is constructed observing the following guidelines: