TWC Investment Management (TWC) has announced the launch of its Select Global Wealth Creators Fund aimed at Australian wholesale and institutional investors.
The long-only global listed equity strategy aims to invest in a portfolio of 15 to 30 high-quality companies that are typically in the early stages of their industry lifecycle and are best placed to create wealth for their shareholders.
According to TWC, the fund aims to generate annualized excess returns of 3 to 4 percent above the MSCI World Index, by combining an analysis of where a company is in its industry life cycle with an assessment of the company’s track record. direction in creating wealth for shareholders.
The fund, which uses a rigorous, evidence-based investment process, will provide actively managed exposure to innovation in the technology, communications services, industrials, healthcare, consumption and finance.
This includes titles like Block, Netflix, Meta and Novo Nordisk.
“As investors increasingly seek exposure to capable management teams around the world who are best positioned to create sustainable shareholder wealth, TWC believes that now is an opportune time to launch Select Global Wealth Creators Fund,” said John Birkhold, chief investment officer. at TWC.
“Our investment philosophy focuses on identifying innovative companies, such as TSMC and Eli Lilly, with a proven track record of generating real economic returns in excess of their cost of capital, as well as built-in reasonable expectations and a positive operational momentum in the short term.
TWC’s proprietary investment approach includes a Real Return on Investment (RROI) framework that standardizes business performance by eliminating distortions from published accounting statements.
It systematically classifies companies into distinct stages of their industrial life cycle, ensuring a disciplined approach to identifying management’s wealth creation skill set.
Owen Hereford, managing director of TWC, explained that the investment approach is designed to “eliminate the biases inherent in traditional investing”.
“This allows us to systematically select stocks with the highest potential for outperformance and support our clients’ long-term wealth creation goals. The Select Global Wealth Creators Fund specifically offers a focused, high-conviction strategy that is expected to provide our clients with superior investment results over a full market cycle,” he said.
“We are excited about the launch of this fund, and it only reflects the beginning of what we are building at TWC.
“Through our deep expertise and disciplined execution, we look forward to creating and delivering meaningful wealth creation opportunities in the family office, private wealth management and institutional segments. »
TWC launched in September this year and operates in Sydney and Melbourne. Alongside Hereford and Birkhold, its founding partners include Neil Carter, Cameron Sinclair, Amy Reed and Angelique Tan.
TWC’s investment range for wholesale and institutional investors also includes the Global Wealth Creators and Emerging Wealth Creators funds, catering to investors across the risk spectrum.
