The investment philosophy employed by Asset Value Investors (“AVI”), the managers of British Empire, strives to identify valuation anomalies and focuses on investing where the market price does not reflect the estimated intrinsic value.
We look for:
- Discounts To Underlying Value
We seek to find anomalous valuations and to invest in companies and funds trading on a discount to their net asset value
- The Purchase Of Assets That Are Of High Intrinsic Quality
Identifying good quality underlying asset with appreciation potential at compelling values
- Economic Value
The underlying assets must be seen to offer appreciation/growth potential which could be based on a number of events or catalysts including potential corporate activity or a turn in market sentiment towards a company etc