GLOBAL SHARE INVESTING – CHANGING WORLD, UNCHANGING PRINCIPLES
Thanks to technology and globalisation the world is getting ever more complex. But in the Perpetual Global Share fund we take a very simple approach to investing. As an active, value manager, with a bottom-up investment process, we want to invest decisively based on intensive analysis of an investment’s quality, value and risk.
We do not attempt to predict where geopolitics, technology or markets are heading – we simply seek to own high quality investments at prices that represent good value.
In a world where technology isn’t so much shifting the dial as replacing the dial with an app, that means getting very close to management so we can get a deep understanding of what’s driving their businesses and their decisions. It means investing alongside management teams that are fiercely – and financially - committed to the success of their business.
The Perpetual Global Share Fund is agnostic about the size of the company and the industry it operates in. What we look for are companies with high quality products and services that generate strong free cashflow. Over the past six years some of the companies that hit those marks include Alphabet/Google, 21st Century Fox, Oracle, NASDAQ and Wells Fargo.
Remaining true to our core value management style means we act decisively but invest conservatively. We seek to grow and protect our client’s funds – and that’s where deep research and a commitment to quality and value pay off. By protecting investors when markets are running against us, we have more capital to deploy when we find great opportunities.
Years of experience: 15
Years at Perpetual: 10
Garry joined Perpetual in March 2008 as an Analyst and has covered a broad range of sectors. He now holds the title of Global Equities Portfolio Manager for Perpetual Investments and has been managing the Global Share Fund since its inception in January 2011. Prior to this, Garry was co-portfolio manager of an Asian fund from 2009-2011.
Prior to joining Perpetual, Garry had three years with PM Capital as an Analyst covering the financial sector for global and Australian strategies and one year with Commonwealth Securities as an Analyst. While studying Garry gained experience at Morgan Stanley and Meridian Equities as an Analyst. During this time he covered a broad range of sectors across large and small cap companies, including food and beverage, construction and resources.
Garry has a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.