Investment Process

The investment process of The ValueInvest Team is a disciplined, research-driven bottom-up investment process, focusing on the fundamental solidity of businesses and assessment of the embedded risks. The strength of the process comes from independent and unbiased thinking. It is backed by an intensive in-depth fundamental analysis centred on understanding the nature and sustainability of how the businesses are creating value, including the associated risks.

The primary task is to identify businesses capable of sustaining the highest levels of wealth generation. We are concerned with the volatility of the operating profit attributable to the invested capital, since this volatility may result in a permanent loss of capital. Investing in companies with potential to enhance their quality features or businesses undergoing restructuring, demands higher risk premiums.

Other than Macquarie Bank Limited (MBL), none of the entities noted are authorised deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

Shareholder Rights Directive
Macquarie Investment Management EMEA is currently considering whether it will adopt an engagement policy pursuant to Article 3g of the amended EU Shareholder Rights Directive (Directive 2007/36/EC). When that decision has been made, this webpage will be updated accordingly.