NatWest Group Plc

Harris uses a value investment philosophy in selecting equity and equity-like securities of US and non-US issuers. The firm's investment philosophy spans across large, mid and small cap companies. In addition, Harris may hedge a client’s exposure to direct or indirect foreign currencies. In constructing portfolios for their clients, the firm seeks out companies that they believe are trading in the market at significant discounts to their underlying value. Harris believes purchasing businesses at a discount to intrinsic value minimizes risk while providing substantial profit potential. The firm uses a bottom-up approach focused on individual companies, rather than focusing on specific economic factors or industries. Harris generates their research ideas from a variety of internal and external sources. The firm’s research process seeks to identify companies selling at a discount to its estimate of intrinsic value.

Ruffer is an active, research-oriented manager which positions themselves as a defensive absolute return manager. The firm seeks to grow the value of their clients’ assets over the long-term, outpacing the alternative of placing cash on deposit. They conduct in-house research and are benchmark-agnostic. Ruffer typically invests in four- to five-year maturity fixed-income securities and favoring gold over other commodities. In terms of equity, Ruffer seeks to invest for the long-term in growing small companies, and generally avoids prominent stocks.

Invesco Perpetual constructs portfolios based on in-house research aiming to identify the investment opportunities most likely to provide the strongest long-term returns. They believe that shareholder activism is fundamental to good corporate governance and while they do not intervene in daily management decisions, they do support general standards for corporate activity and, where necessary, take the initiative to ensure those standards are met. They aim at protecting and enhancing value for clients and investors. The firm's fund managers seek to establish a dialogue with company management to promote decision-making which is in the best interests of shareholders and is in accordance with good corporate governance principles including environmental, social and governance matters. Their UK equity team follows a self-described pragmatic approach with no style bias regarding sectors, stocks or market-cap. Their valuation-orientated approach focuses on absolute returns and risk, allowing the portfolio to capture opportunities over time. In addition to high alpha UK equity, the team also manages small-cap equity and benchmark-relative portfolios. Invesco Perpetual 's European equity team follows a flexible, pragmatic approach focused on delivering consistent outperformance against both the index and the peer group. Fundamental analysis and valuation are central to the investment approach, providing a strong investment discipline that ensures that stocks are purchased only when valuations are appropriate. Their fixed-income team manages retail and institutional accounts, combining macro and bottom-up credit analysis to determine investment opportunities.

Life Peer at United Kingdom House of Lords

Life Peer at United Kingdom House of Lords

Life Peer at United Kingdom House of Lords