Eiger’s underlying investment philosophy is based on price
to intrinsic value. We believe that the Australian equity market is
inefficient, and consequently opportunities exist to create value through
active management. This opportunity is particularly pronounced in the less
researched, small cap segment of the market.
The price to intrinsic value investment philosophy is based
on the following:
Intrinsic value is determined by the
fundamentals that drive a security’s future cash flow;
Discrepancies between market price and intrinsic
value arise from market behaviour and market structure providing opportunities
to outperform;
A truly integrated approach can produce superior
research;
Attention to risk management and a strong
knowledge of clients are critical for superior portfolio construction; and
A team of investment specialists working
together create the best environment to deliver consistent results.
