WHITE PAPERS
DISCOVER THE INs AND OUTs OF COMGEST's APPROACH TO INVESTING
THE FAIR-VALUE FOLLY: THE DANGER OF VALUATION-CENTRIC PORTFOLIO CONSTRUCTION
As ‘quality-growth’ investors we apply a long-term-oriented investment approach, which relies on companies’ fundamental value creation, i.e., earnings development, as the determinant share-price driver.
The Long-Term Growth Conundrum
Unraveling the mystery of the "long-term growth conundrum” requires thinking in a dynamic rather than static way in order to understand that value, while potentially unstable, can evolve and increase overtime.