We invest in best-of-breed businesses for their quality, strategic competitive edge and value. We believe that a portfolio of businesses each containing these elements will provide us with a favourable return over time.
FUNDAMENTAL PILLARS OF QUALITY: IDENTIFYING GLOBAL BEST-OF-BREED BUSINESSES
"We are what we repeatedly do. Excellence then, is not an act, but a habit."
The specialist equity management division was established in 2009, and the team has over 100 years of combined experience.
The team only invests in best-of-breed companies that can clearly demonstrate quality, strategic competitive edge and value.
The team looks for companies with the following characteristics:
To identify businesses that meet the quality threshold, the team use the above criteria to narrow down the broad investment universe of over 2000 candidates to a core universe of 150 candidates, which are then monitored closely.
In addition to the above criteria, there are a series of key characteristics a company should possess in order to be considered for investment. Characteristics such as an positive margin trend, levels of debt and dividend cover are also central to the team’s analysis.
*All sources as at 30 June 2018
"We believe that - if we have identified a quality business, and we do not pay more than a fair value, then these businesses should provide favourable returns over time. Central to this philosophy is a ‘buy-to-hold and compounding’ mind-set, to be invested in those businesses for the longer term.”
Gerrit Smit, Fund Manager
Gerrit is Head of the Equity Management team, he has overall responsibility for the business unit, along with its Portfolio Management and Equity Research functions.
Gerrit joined the Group in 2008 following over 25 years’ investment experience as Equity Analyst, Chief Investment Strategist and Chief Investment Officer for Sanlam’s International portfolios in London, and heading a boutique fund manager’s investment research. He holds a Hons B.Com from the University of Stellenbosch and the University of South Africa and a PSM qualification from the Business School of the University of Stellenbosch.
Tom is a Director of Stonehage Fleming Investment Management and responsible for company research within the Equity Management team. Specialising in in-depth, bottom up research, he covers multiple companies across all sectors under the single global quality equity mandate.
Tom joined the Group in 2009 from ZAN Partners where he was a multi-asset Analyst and Trader. Prior to that he worked as an Equity Analyst at Sigma Capital having started his career with PricewaterhouseCoopers’ Performance Improvement Consulting business. Tom is a CFA charterholder and an associate of the Chartered Institute for Securities and Investment.
Mark is a Director within the Stonehage Fleming Group specialising in in-depth, bottom up company research within the Direct Equity Management team.
Prior to joining Stonehage Fleming, Mark spent over 9 years at Investec Asset Management where he was a Global Equity Analyst and Sector Portfolio Manager. Previously, he worked at M&G Investments in both Pan-European and global equity analyst roles. Mark is a CFA Charterholder and graduated from Warwick University with a first class honours degree in economics.
Nicky is responsible for company research within the Equity Management team. Specialising in in-depth, bottom up research, she covers multiple companies across all sectors under the single global quality equity mandate.
Nicky joined the Equity Management Team in 2019 from Bessemer Trust having previously worked at River & Mercantile Asset Management, Neptune and BlackRock/MLIM. She is a CFA charterholder and graduated from Oxford University with first class honours in Physics.
Sean is responsible for company research, supporting the Equity Management team.
Sean joined the group in 2018, having previously worked at Quilter Cheviot and Old Mutual Global Investors. Sean has passed Level III of the CFA program, he holds the Investment Management Certificate (IMC), and he is an affiliate member of the Chartered Institute for Securities and Investment. He graduated with a first-class degree in BSc (Honours) Finance and Investment Banking.
Thomas is a Senior Associate within the Equity Management team, providing client-servicing support to Gerrit Smit, Head of the Equity Management team.
Thomas joined the Group in 2011, having previously worked as a Project Manager at Jabulani Rural Health Foundation. Prior to this, he worked as a Consultant at IQuad Group Limited in Cape Town, consulting on various government-initiated investment incentive programmes. Thomas holds a Bachelor of Business Science (Honours) degree from the University of Cape Town and is a CFA charterholder.
Our flagship investment capability is the Stonehage Fleming Global Best Ideas Equity strategy, which was launched in July 2009. The strategy has in excess of GBP1.5bn in assets under management. It is offered through a Dublin based UCITS fund (the Stonehage Fleming Global Best Ideas Equity Fund, launched in August 2013) or on a segregated basis for portfolios of GBP10m and over.
|Fund Name||Class||Currency||NAV Price||NAV Price
|Stonehage Fleming Global Best Ideas Equity Fund||a||$||160.0085||157.3831||2.6254||02 Apr 20||IE00BCLYMB94|
|Stonehage Fleming Global Best Ideas Equity Fund||b||$||165.2917||162.5773||2.7144||02 Apr 20||IE00BCLYMC02|
|Stonehage Fleming Global Best Ideas Equity Fund||c||£||201.0829||197.0593||4.0236||02 Apr 20||IE00BCLYMD19|
|Stonehage Fleming Global Best Ideas Equity Fund||d||£||202.5787||198.5224||4.0563||02 Apr 20||IE00BCLYMF33|
|Stonehage Fleming Global Best Ideas Equity Fund||e||$||139.6691||137.3746||2.2945||02 Apr 20||IE00BDB5NR23|
|Stonehage Fleming Global Best Ideas Equity Fund||f||£||155.8164||152.6954||3.121||02 Apr 20||IE00BDB5NS30|
|Stonehage Fleming Global Best Ideas Equity Fund||g||$||132.4258||130.2485||2.1773||02 Apr 20||IE00BDB5NT47|
|Stonehage Fleming Global Best Ideas Equity Fund||h||£||153.5912||150.5127||3.0785||02 Apr 20||IE00BDB5NV68|
|Stonehage Fleming Global Best Ideas Equity Fund||i||€||124.3169||121.5983||2.7186||02 Apr 20||IE00BDB5NW75|