Global Equity Income
A highly experienced team with an established track record of delivering positive outcomes for investors. Harnessing the full power of dividends is a tried and tested method of investing, with the potential to deliver value added long-term returns and lower-than-average volatility. The team looks for the rare combination of a premium yield, sustainable dividend and attractive valuation, which only occurs when controversy appears. By working hard to understand the nature of a controversy, we aim to lean the probability of investment success in your favour.
Harnessing the full power of dividends
Our investment approach is focused on harnessing and enhancing the most statistically significant source of long-term returns: the compounding of dividends through time. The strategy applies an objective yield discipline which differentiates it from its peers, with every stock expected to compound at a higher yield than that of the market.
Three requisite features of every investment
A premium yield – only investing in stocks that yield at least 25% more than the yield on the global market.
Dividend sustainability – looking for quality business characteristics that enable the ability to suffer.
Valuation margin of safety – focusing on cashflows, we try to ensure we don’t overpay for anything.
Actively seeking controversy
These three requisite features help us to underwrite the consistency of an investment’s income return. Individually, these characteristics may be common, but they only exist together if a business is surrounded by some form of controversy. That is why we actively seek controversy and aim to understand whether its nature is temporary (and therefore an opportunity) or permanent (something to avoid).
Nick Clay argues the case for a return to the tortoise way of investing in 2023 - growing wealth slowly over a long period of time.
Nick Clay debates the drawbacks of share buybacks.
The Global Equity Income team explores human behaviour during volatile markets and how this can be dangerous for investors.
Meet the team
Nick joined Redwheel in 2020 and leads the Global Equity Income team.
Andrew joined Redwheel in 2020 and is a Senior Investment Manager in the Global Equity Income team.
Robert is a Global Equity Analyst in our Redwheel Global Equity Income Fund.
Colin Rutter is an Analyst in the Redwheel Global Equity Income team and has two decades of experience in investments.