Global Horizon Equity​

We seek out investment opportunities from around the world with little regard for the benchmark. Our focus is on the supply side of industries, or the capital cycle, highlights areas where there are likely to be companies whose share prices are trading well below what we believe is the intrinsic value. Alignment of interests is key – we are aligned with our investors through a fee structure that shares performance risk, and with our investments through an approach which emphasises management teams that are incentivised to be effective capital allocators.

A focus on the supply side

We have a strong belief that by analysing changes in industry structures and in the amount of capital deployed in a sector, we can gain valuable insights into potential future returns on capital.

Alignment of interests

We believe management teams with well-crafted incentive programmes and/or significant equity stakes are more likely to make good decisions for the long-term health of their company. We look for effective governance and a strong alignment of interests in all of our investment opportunities.

Index agnostic

We employ an unconstrained bottom-up approach to investment, with artificial sector and geographic designations playing no role in portfolio construction.

Global Musings

“With interest rates at historic lows, governments entered 2020 with little to no dry powder to address the next economic recession. Little did we know that a global, natural disaster was among us.”

A look at the challenges and opportunities that lie ahead for 2021 and beyond…

A framework for the long term

A multi-year time horizon allows us to buy assets when they are trading at a significant discount to intrinsic value. This often means investing when a business is deeply out of favour, but with an opportunity to deliver genuine long-term growth, as effective capital allocation could drive better returns.

Strategy update with Louise Keeling

Meet the team

Louise Keeling

Louise joined Redwheel in 2012 as Head of the Global Horizon Equity Team with the goal of monetising the opportunity created by the sea of short-term focused money.

Benjamin Hall

Benjamin has been at Redwheel since 2019, he is Co-Portfolio Manager in Redwheel’s Global Horizon Equity Team.

Karolina Milewska

Karolina is Executive Assistant to the Global Horizon team and joined Redwheel in 2015.

Miki Sugimoto

Miki joined Redwheel in 2016, she is an Analyst in the Global Horizon Equity team.

Adnan Nur

Adnan joined Redwheel in June 2022 as analyst on the Global Horizon team.

Filippo Neumaier

Filippo joined Redwheel in June 2022 as an analyst on the Global Horizon Team

No investment strategy or risk management technique can guarantee returns or eliminate risks in any market environment