United States
Equities Fixed Income External Managers Private Equity and Real Estate Sustainable Investing

Equities

We follow a philosophy that low-turnover, concentrated portfolios derived from sound bottom-up fundamental research provide an opportunity for attractive performance results over time. We have a culture and firm equity ownership structure that help us attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

Brown Advisory Equity Strategies

Fixed Income

We follow a philosophy that fixed income strategies built from a foundation of stability coupled with fundamental credit research can seek to generate alpha and control risk. We have a culture and firm equity ownership structure that attract and retain professionals who share those beliefs, and we follow a repeatable investment process that helps us stay true to our philosophy.

Brown Advisory Fixed Income Strategies

External Managers

Investment Solutions Group

The Investment Solutions Group is an investment-management team within Brown Advisory that specializes in asset allocation, manager selection, hedge funds and other alternative investment strategies. Dedicated to open-architecture solutions, our team has established a strong track record of identifying high-quality, third-party investment managers across the hedge fund, long-only and private equity universes. We leverage this expertise to help clients assemble portfolios that we believe best fit their needs and goals, offering clients a range of solutions from complete portfolio management to fulfillment of specific hedge-fund and alternative-asset mandates.

Private Equity and Real Estate

Private Equity and Real Estate

Brown Advisory has incorporated private equity and real estate investments in client portfolios since our founding. Today, we can provide that exposure in three distinct ways.

Feeder Funds and Multimanager Funds
We introduce clients to investment opportunities in early- and late-stage venture capital and buyout funds, as well as select real estate funds. We also construct these feeder funds into multimanager funds through our Private Equity Partners (PEP) and Real Estate Partners (REP) vehicles to make private equity investing as easy as possible for our clients.

Customized Private Equity Portfolios
For most clients, private equity is one component of a balanced portfolio that we manage. Other clients, however, come to us specifically for custom-built private equity and real estate portfolios.

Sustainable Investing

Sustainable Investing Strategies

  • Multi-Manager Strategies
  • For clients seeking an open-architecture solution, we have access to several of the premier sustainable managers in the industry - all vetted by internal research.
  • Private Equity
  • Our private equity team is focused on evaluating the growing universe of private impact investments to identify standout opportunities that target various issues of particular concern to our clients. To date, we have placed assets in investments targeting a variety of impact themes such as community impact, microfinance, education technology, sustainable real estate, water initiatives and others.*
  • *Many alternative investments by regulation may only be sold to Accredited Investors (institutions with at least $5 million in assets) or Qualified Purchasers (institutions with at least $25 million in investments).

Customized Portfolios

This diverse assortment of solutions will meet many clients’ sustainability objectives; however, we understand the continued evolution of this space and seek to be able to react quickly to client needs.

For clients with unique missions, value-aligned investing programs, or who simply wish to ensure that they do not own certain controversial companies or have access to certain industries, we offer the following customized options:

Additional Screening: To the extent we have reliable data and can build rules into our compliance systems, we can add specific screens to a separate account to restrict companies (e.g. oil and gas providers) or industries (e.g. tobacco or weaponry).

Customized and Thematic Portfolios: Within a separate account, we can work together to solve for a sustainability need. From a universe of securities researched from both the bottom-up and for their ESG profile, we can assemble a custom portfolio of securities designed to meet many specific sustainable goals or outcomes.

Global Leaders UCITS Fund

The Global Leaders equity strategy is a portfolio of 30-40 leading global companies that deliver exceptional customer outcomes. Via fundamental, bottom up analysis we look to identify companies that are able to take market share & compound their performance over long periods of time.

 

Inside the Strategy

  • We invest in companies that the portfolio manager believes are leaders within their industry or country, as demonstrated by an ability to deliver high relative return on invested capital over time. We believe that high returns on capital typically can be attributable to, among other things, a strong competitive position and defensible barriers to entry.
  • We use a research-intensive approach to building a concentrated portfolio of typically 40 companies.
  • Our strategy benefits from an experienced portfolio manager with success investing globally and who shares a belief that low-turnover, concentrated portfolios derived from sound fundamental research can generate attractive outperformance.
 

UCITS Fund Facts

Number of holdings: 30-40

Market-cap range: >$2 billion

Benchmark: Russell Global Large-Cap Index

Inception Date: 1 May 2015

Dealing: Daily

Cut-off time: 3.00pm Irish time

Settlement: T+2

Portfolio Managers: Mick Dillon, CFA and Bertie Thomson, CFA

Vehicle: Separately Managed Account, Mutual Fund, UCITS Fund

Publications

Manager Q&A
In this Q&A with the portfolio managers of the Global Leaders strategy, Mick and Bertie discuss great companies producing shareholder value by delivering a special outcome to their customers.

Learn More

Balancing Act | For Good Measure
In this article, Global Leaders portfolio managers Mick and Bertie discuss the dangers of oversimplifying valuation. They also explain why they focus squarely on a company’s business model as the ultimate measure of its intrinsic value.

Learn More

Daily Funds Nav

Price Date: 24-May-18


Share Class ISIN Curr. Nav
CGHIE00BYJQVP87GBP14.85
CUSIE00BVVHP670USD14.04
BUSIE00BVVHP563USD10.94
CGAIE00BYJQVN63GBP10.50
MGHIE00BFZ0XB10GBP10.22
BGDIE00BYPJ0V09GBP10.42

Fund Resources

 

Quarterly Letters

 

Click here to see all Brown Advisory investment strategy documents.

 

Please read our composite disclosure and other important firm disclosures.

More Information About Investing


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