Equity Mandates
Our active approach to managing Equity strategies results in portfolios constructed with conviction and remaining true to their respective investment objectives and philosophies.
Guardian Capital LP manages several Canadian Equity portfolios across growth, core and income investment styles.
Consistent across all of Guardian Capital’s Canadian Equity strategies (except the Guardian Canadian Dividend Strategy managed using a quantitative approach), our stock selection process is based on a bottom-up assessment of fundamentals. This includes a detailed understanding of the company and its industry. This stock selection approach is complemented by top-down macroeconomic views where relevant.
We seek companies that have strong balance sheets, superior management teams, and core competitive advantages that will drive positive price performance over time. Risk management is an integral part of our process. Across Canadian equities, we conduct more than 450 management meetings every year – testimony to the thoroughness of our process.
Alta Capital Management LLC* is focused exclusively on managing concentrated, quality growth US equity strategies. A guiding principle over its four-decade history has been the belief that companies demonstrating high free cash flow growth yield superior investment returns with nominal risk over full market cycles. The investment team believes that discipline and patience are essential for investment success. The core tenets of their process are:
- Earnings expectations drive stock prices
- Earnings quality is assessed through free cash flow
- A company’s true value is not consistently recognized by the markets
*Alta Capital Management LLC is a US-based subsidiary of Guardian Capital LP, and has been appointed as sub-advisor in connection with certain of Guardian’s US equity funds.
Related Strategies
In a converging global market, the i³ Investments Team at Guardian Capital LP is focused on selecting the best companies within each sector, regardless of geography. We achieve this with bottom-up systematic research.
i³ Investment’s quantitative process uses a combination of relative, intrinsic and artificial intelligence models to rank companies within each economic sector. Through the daily screening of company fundamentals, we seek to isolate stock selection as the primary source of value add, as our research shows that comparing the rate of change in company fundamentals within a sector can add value. Intrinsic analysis is conducted to arrive at valuation targets and projections. Artificial Intelligence and Machine Learning through big data applications are implemented to predict model outcomes with greater accuracy.
We understand that markets are not always rational; therefore, our portfolio management team discusses portfolio recommendations at length to ensure the model output is consistent and economically relevant in changing market environments.
We offer domestic and foreign equity strategies based on a systematic investment analysis methodology as well as blending both quantitative and qualitative elements to identify companies that we believe will add value to our clients’ portfolios.
GuardCap Asset Management Limited* is focused exclusively on managing two concentrated, quality-growth equity strategies built by fundamental research; one in global equities and the other in emerging markets equities. Our core objective is to achieve superior returns, in excess of standard benchmarks with less risk than the benchmarks, over the long term. An integral part of this is our commitment to investing in the highest quality companies around the world that are capable of generating long-term sustainable growth.
Our investment strategies are built on long-term thinking, long-term forecasting and long holding periods. Our time horizon stretches well beyond five years, which is reflected in our low turnover and average holding periods longer than five years. The three pillars of our investment philosophy are as follows:
- Investing in companies that generate long term sustained earnings and cash flow growth will deliver excess returns
- Investing in high-quality companies will provide downside protection
- Valuation matters
*GuardCap Asset Management Limited is a UK-based subsidiary of Guardian Capital LP, and has been appointed as sub-advisor in connection with certain of Guardian’s global equity funds.