Bob Desmond: Patiently picking the eyes out of quality global growth stocks

Go back 20 years and consensus said that managing international equity portfolios from Australia was just too difficult. 

Bob Desmond and his team at Claremont Global are proving that is yesterday’s thinking. Starting from scratch in 2012 the business has grown to over $1 billion and the style of picking the eyes out of quality growth has been able to outpace global markets.

Desmond grew up in Rhodesia, the southern African country that was renamed Zimbabwe in 1980. He studied economics in Western Australia before heading back to his homeland to start working in markets.

Life became difficult under the Mugabe regime and Desmond packed his bags and headed to London where his world view opened before his eyes. It was here that he developed his quality growth strategy for stocks.

Always keen to relocate to Australia, Desmond got the green light for his migration in 2008 just in time to sidestep the worst of the GFC. He kicked off his career at financial group Evans and Co. Four years later Desmond and his colleagues set up Claremont Global.

Desmond has used his vast experience garnered on three continents to identify the best growth stocks on the globe. He does not believe in too much diversification and thinks excessive trading is counterproductive.

Tune in to the latest episode of Success and More Interesting Stuff to learn about Desmond's unique style of investing and some of the companies in the concentrated Claremont Global Fund.