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My ideal investment manager


My ideal investment manager


  • Bottom-up approach in the selection of the stocks.
  • Good knowledge of business, accounting and valuations techniques.
  • Person aware about the macroeconomic situation.
  • Transparent and independent.
  • Person who has a fluent relationship with the directors of the companies of its portfolio.
  • Personality: calm, analytical and with tons of common sense. A person who can do a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis in the  target companies of the portfolio.
  • Committed with  ESG issues: environment, social and governance. Investor and consumers are directly responsible  the world that we live in. ESG is not only necessary from an ethical point of view but  is also a risk for our portfolios, especially for a value investors or investors with a long term approach. However it is very interesting how many investment managers disregard ESG criteria when it comes to building up a portfolio.
  • No very expensive fees. Paradox: if they look the best investment for our portfolio looking profitable companies, cheap companies with low PE ratio, why are their rates sometimes so high. Investment manager need edging technology and a very qualified team, but do they need to spend our money on an expensive office in premium areas of London, New York, ...?Maybe for wealthy people all of this adds value but   average investors just need a nice website with good information. We  also don't  need then to spend a lot of money on merchandising, breakfast and dinner with clients or aeroplanes. Save that money and let that the compound interest work for us. Taking this into cosideration I agree to pay an extra fee for investment managers with an outstanding track record .

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