Antony Vallee

Alken is an active, pragmatic and opportunistic manager which seeks to add value by identifying companies that are selling at a discount of more than 30% relative to their intrinsic value. They invest through their funds in companies that are headquartered in Europe, have a majority of their assets or other interests in Europe, or which conduct the majority of their activity in or from Europe.The firm manages European equity portfolios, focusing on companies with a combination of high or growing ROCE and sales growth potential. They believe long term out-performance is best achieved through stock-picking and portfolio construction skills.Alken monitors equity market valuations as a comparison to their stockpicking analysis.

JPAM-UK is an active manager which offers a range of global investments in equity, global fixed income, currency & commodities, global liquidity, index-oriented or beta and alternatives including absolute return & opportunistic fixed income, real estate, infrastructure, transportation and private equity. They also offer asset allocation strategies and multi-asset solutions, including fund of funds strategies and ESG solutions. When investing in equity securities, JPAM-UK's primary method of analysis is research oriented. As part of their fundamental research process, they typically rely on research analysts, portfolio managers, and stock screening procedures. The firm seeks to employ a disciplined approach to stock selection using a value-driven and macro-driven investing, although the fixed income investment process is driven largely by a bottom-up approach emphasizing security selection, close attention is paid to sector and sub-sector valuations and weightings.