CIPFA
Skip to Content Skip to Main Navigation

Equity investment process

Our equity investment process is designed to harness our best research ideas in the portfolios we build for our clients.

People

As well as managing funds, our portfolio managers carry out research. We believe this combined role gives them a better understanding of the investment case and leads to more efficient decision making.

Fundamental Research

We believe the key to choosing the best stocks is to carry out fundamental in-house research that identifies the true long-term worth of an asset. We build detailed company-specific models that forecast profit and loss, balance sheet and cash flow over five years. To gain further insight, we meet with company management as well as talk to customers, competitors and suppliers.

Challenge the Case

Analysts then present their findings at regular stock meetings where the team challenges the assumptions underlying research. This means greater 'buy-in' from the team and ensures that we get our best research ideas into all client portfolios.

Research Portal

To make full use of our research, we have developed an in-house, web-based research portal. This allows us to bring research together and share insights in a consistent manner across all our investment teams.

Portfolio Construction

We construct portfolios from the bottom up, utilizing our best research ideas, while always taking into account our client's requirements.

Compliance

Important Compliance Information for US Institutional Investors

This section of the website should not be accessed by other US investors


Important Compliance Information for US Institutional Investors

This section of the website should not be accessed by other US investors

For purposes of this website the term "Institutional Investor" means:

(A) a bank, savings and loan association, insurance company, or registered investment company;

(B) an investment adviser registered either with the Securities and Exchange Commission under Section 203 of the Investment Advisers Act of 1940 or with a state securities commission (or any agency or office performing like functions);

(C) a governmental entity or subdivision thereof;

(D) an employee benefit plan that meets the requirements of Section 403(b) or Section 457 of the Internal Revenue Code and has at least 100 participants, but does not include any participant of such a plan;

(E) a qualified plan, as defined in Section 3(a)(12)(C) of the Act, that has at least 100 participants, but does not include any participant of such a plan;

(F) a member of the National Association of Securities Dealers or a registered associated person of such a member;

(G) any other entity (whether a natural person, corporation, partnership, trust, or otherwise) with total assets of at least $50 million; and

(H) a person acting solely on behalf of any such institutional investor.

For use by institutional investors only. The content of this site should not be accessed by retail or other non-institutional customers.

This site is operated and issued by Scottish Widows Investment Partnership Limited, Company No. 794936. Registered Office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Tel: +44 131 655 8500. Scottish Widows Investment Partnership Limited is authorised and regulated in the UK by the Financial Services Authority and is entered on their register under number 193707 (http://www.fsa.gov.uk).

Scottish Widows Investment Partnership is an investment adviser registered with the US Securities and Exchange Commission (SEC)

 

Our team


How we invest


Untitled_1