Marlborough Multi-Cap Growth fund manager Richard Hallett invests in a portfolio of around 50 companies he believes have genuinely exceptional long-term growth potential.
He looks for companies with the strongest prospects, whatever their size, and while UK stocks are his primary focus, Richard has the freedom to invest up to 20% of the fund in overseas businesses he believes are true global leaders.
Richard identifies companies that have a sustainable competitive advantage. That edge may be an innovative product, strong management or a great brand that people love. In reality it will usually be a combination of a number of factors like this. In addition, the company should be operating in markets where the demand for the company’s products or services can be expected to grow. He believes these ‘all-weather performers’ should be able to continue to grow irrespective of the wider economic backdrop.