The UK Equity strategy aims to outperform its benchmark, FTSE All-Share Index, by 3-4% per annum over a three-year rolling period. It targets high returns and long term capital growth by investing in a portfolio of primarily equity and equity-related securities traded in in the UK.
The UK Equity strategy targets strong excess returns by primarily focussing on bottom-up stock selection, but with an awareness of the prevailing macroeconomic conditions.
Andrew Raikes has been managing the UK equity product at TT since its inception in 2004. He believes that long term outperformance comes from investing in companies with sustainably high returns that can compound growth over time, subject to valuation. In addition to this core, he also looks to exploit other market mispricing opportunities including undervalued balance sheet optionality, restructuring, corporate change, asset value and special situations.
Portfolio construction is the synthesis of idea generation, conviction and risk management. The strategy will typically hold between 30 and 55 stocks, with an active share of typically 60-70%.
The following aspects of our investment process provide an edge and set the TT proposition apart from the competition:
With over 20 years’ industry experience, Andy is a Partner and Portfolio Manager of our UK Equity Strategy. He is also a member of TT’s Ideas Factory, focussing on the Pan-European Consumer and Leisure sectors. He joined TT in 2002 from Deutsche Asset Management where he was a Director and Head of the Global Retail and Leisure Team. Andy graduated from the University of Oxford with a BA and MEng.
Read some of Andy Raikes' articles and insights in our 'What We Think' section.
With over 30 years’ industry experience, Dean is a Partner and Portfolio Manager of our European Equity Strategies. He is also a member of our Ideas Factory, focussing on the Pan-European Telecoms and Technology sectors. Before joining TT in 1998, Dean worked at LGT Asset Management as a Portfolio Manager. He received a BA from Kingston University, together with a postgraduate qualification from the Institute of Investment Management and Research.
Read some of Dean Smith's articles and insights in our 'What We Think' section.
Adrienne is a Partner and Financials Analyst. As a member of TT’s Ideas Factory, she is responsible for providing investment ideas across all of our European strategies. Before joining TT in 2012, Adrienne spent 13 years with UBS in various roles including Analyst, Specialist Sales and Portfolio Manager. Adrienne graduated from the University of Cape Town with a B Business Science in Finance & Economics and also holds an honours degree in Journalism from the University of Stellenbosch.
Read some of Adrienne Giliomee's articles and insights in our 'What We Think' section.
Daniel is an Energy Analyst and member of TT’s Ideas Factory. Before joining TT in 2015, he was an Analyst on the European Equity Team at BNP Paribas. Daniel graduated with a BA from the University of Oxford.
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