Maggie Fanari
Chief Executive Officer
Quoted equities
Diversified, global high-conviction strategies held directly through stocks, as well as public equity funds.
We target high-conviction investments in listed equity markets, aiming for returns that outperform relevant equity market indices. We source these investments either directly through our internal team or through our network of exceptional, specialist managers.
By combining our unique global network, flexible capital base, and deep in-house expertise, we generate original insights and identify the most compelling opportunities in the public markets.
30-60%
Typical allocation
40.5%
Current allocation (as at 30 June 2024)
Quoted equities portfolio by
Category (% of NAV)
Region (% of NAV)
As at 30 June 2024
Top 5 quoted equities
As at 30 June 2024. For a more detailed list of investments and latest updates please see our Half Yearly Report to June 2024
| Investment holdings | Country/Region | Industry/Description |
|---|---|---|
| National Grid | UK | Electric Utilities |
| Mastercard | USA | Software & services |
| Intercontinental Exchange | USA | Financial exchanges & data |
| Golar LNG | USA | Energy |
| KBR | USA | Professional services |
Total % of NAV = 6.4% as at 30 June 2024
| Investment holdings | Country/Region | Industry/Description |
|---|---|---|
| Discerene | Global | All-cap, value bias |
| BlackRock® Strategic Equity | Global | All-cap, diversified |
| 3D Opportunity | Japan | All-cap, diversified |
| Morant Wright | Japan | Small/mid-cap, value bias |
| Springs Opportunities | China | All-cap diversified |
Total % of NAV = 15.6% as at 30 June 2024
The quoted equity category includes stocks (held directly and via co‐investment vehicles), funds and derivatives. As a result, the liquidity of the individual positions may be influenced by market volumes as well as the redemption terms of the specific funds or co‐investment vehicles
Case studies
Our portfolio in action
Our case study series offers a window into some of the opportunities we have invested in – both existing and realised.
Meet our team
Our highly skilled, hardworking in-house team are thorough yet nimble, able to move quickly and seize compelling opportunities when they arise.
Nicholas Khuu
Chief Investment Officer
Andrew Jones
Chief Financial & Operating Officer
Thomas Fitchett
Head of Tax & Structuring
Brian Rutherford
Head of Venture Capital
Richard Lewis
Head of Compliance
Tom Hill
General Counsel & Company Secretary
Michael Dannenbaum
Head of Public Equities
Dame Hannah Rothschild CBE
Non-Executive Director
Jutta af Rosenborg
Non-Executive Director
Cecilia McAnulty
Non-Executive Director
Vikas Karlekar
Non-Executive Director
Sir James Leigh-Pemberton
Non-Executive Chairman
André Perold
Non-Executive Director
Philippe Costeletos
Senior Independent Director
Discover more
A mix of strategies which aim to generate consistent returns in different market conditions, with a lower correlation to equity markets across the cycle.
High-quality assets in private markets, held through both direct investments and specialist managers.
Our flexible mandate allows for an unconstrained approach to investing, meaning effective risk management is essential to construct a well-balanced portfolio.