Our Investment Philosophy
We believe that investor time horizon is the key market inefficiency. Long term cash flow is the most important influence on asset valuation and investor returns and we believe that markets price these cash flows effectively over the long term but often prioritise other factors in the short term. This creates opportunities for the long term investor to exploit. Our process is designed to identify and exploit opportunities when asset prices do not reflect long term opportunity, at a regional, asset and stock level.
As active managers we generate real returns through a fundamental understanding of investments, enabling us to maintain a long term perspective through market cycles. Our disciplined and consistent investment process combines economic assessment, asset allocation expertise and fundamental asset class research. Our track record demonstrates that we provide our clients with both capital preservation and excellent returns over the longer term.
The long-term sustainability of our investment management services rests on our secure and established foundations.
The four principles of investment management
- 1st Principle
Meeting the client’s objectives is our absolute focus
- 2nd Principle
We make financial markets work for you – the long term asset allocation strategy is key
- 3rd Principle
Financial markets frequently get it wrong in the short term. A skilled investment manager can exploit those opportunities
- 4th Principle
Clear and regular communication with our clients is essential
A focused team
Thomas Miller Investment has a strong team of investment specialists, including economists, asset class specialists and collective fund experts. Our portfolio managers are active within our investment strategy. The strength of our proposition lies in the cumulative strength of the investment team.