Investment Philosophy

LGI believes:

• there are three stylised facts that describe the behaviour of most asset classes
  • short term momentum in asset returns can create excess in asset prices
  • in the long term asset returns mean revert
  • deviations from fundamental values enable the forecasting of returns
• that the market can exhibit negative or positive excess for extended periods based on identified behavioural biases that enables profitable momentum strategies

• eventually the market will revert to long run equilibriums

• We offer regional and industry specific funds in addition to global portfolios

• Key members of the management team have equity in our business
• We emphasise success fees and total revenues rather than the gathering of funds under management
• Operational functions are outsourced to specialists, such as clearing, settlement and custody through an international prime broker and investment administration with a well established Australian company
• Portfolio tracking and analysis are managed by our Portfolio Managers and Analysts