FE Research's Joshua Ausden searches the market for the best hidden gem funds for your portfolios.
There are many managers who say they have a value focus, but there are few as dedicated to the investment principle as FE Alpha Manager Henry Dixon (above), manager of the £72m GLG UK Income fund. Dixon is a deep value manager, identifying companies he deems to be cheaper than they deserve to be, based on his assessment of assets, liabilities, and cashflow. The sweet spot, according to the manager, is finding a share price for a cash-generative company that is below its replacement cost. He also places a strong emphasis on finding undervalued profit streams. This strategy worked very ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
