Navigating Investment Shifts: From Hedge Funds to Long-Term Strategies

This chapter explores the evolution of investment strategies from UK long-only mandates to hedge fund approaches and back to client-centered long-term investments. It highlights significant market opportunities post-financial crisis, particularly in U.S. mega-cap companies and UK housing sectors, while also addressing changing portfolio dynamics and risk premiums. The conversation emphasizes the importance of understanding valuation metrics and sustainable earnings growth within the current and evolving equity markets.