Philosophy & Process

Philosophy

To fulfil the company's mission through innovative and proprietary global research

This perspective enables us to identify what we believe to be attractive investment opportunities with high quality franchises. Our investment professionals, working in a team-orientated meritocracy, focus on constructing portfolios offering attractive risk-adjusted returns. RCM's investment philosophy is based on independent fundamental research and aims to identify market anomalies in the pricing of assets/securities to produce superior performance for our clients over the longer term.

There are three pillars central to the selection of stocks, the first is that each demonstrate growth prospects over and above the growth prospects of the underlying sector, secondly that each demonstrate a realistic and attractive valuation relative to its peers and thirdly each stock that we identify should be of high quality. While this quality might be viewed as a subjective term, we would point to the quality of management, strong franchises, market leading products and transparency of accounts.

Process

To achieve our mission RCM's investment process is based on three key elements, namely research, portfolio construction and implementation. The chart below illustrates the value-added chain for RCM and highlights those areas where we believe we have competitive advantages relative to our peers.

At RCM we believe that independent fundamental research is critical in identifying stocks that demonstrate quality and growth characteristics at the appropriate valuation.