Perennial Value is an Australian owned, specialist, active investment management firm located in Sydney and Melbourne. Our sole focus is to deliver excellence in funds management through equity ownership and the alignment of interests between key investment management staff and our clients.
Formed in 2000 by John Murray through a joint venture between senior investment professionals and IOOF, we manage approximately $8.7 billion (as at 30 September 2016) on behalf of institutional and retail clients via our suite of over 5 trust products as well as discrete portfolios across the following capabilities:
- Perennial Value Australian Shares – Australian Large Caps and Shares for Income.
- Perennial Value Smaller Companies – Australian Small Caps.
- Perennial Value Wealth Defender – Equity Risk Management.
Perennial Value’s business model has been designed to create and foster a specialist investment management culture that allows our investment professionals to focus on investing, while being able to leverage the support of a highly experienced team of non-investment professionals. We believe this environment is attractive to our investment professionals as it provides:
- Equity ownership in their own business.
Our key investment professionals have the opportunity to own equity and are therefore single minded in ensuring delivery of performance ahead of benchmark. At the heart of Perennial Value’s equity ownership structure is the philosophy of aligning the interests of our investment professionals with those of our clients. We believe that our unique business model allows us to deliver excellence in funds management.
Our investment philosophy
The following key investment philosophies enable the Perennial Value to deliver excellence in funds management.
Investors' interests first
Perennial Value shares equity ownership with key investment professionals who work within the business. We believe that this ownership structure cultivates an environment where the interests of investors and investment professionals are clearly aligned.
The cornerstone of the investment process of each of Perennial' Value is proprietary, in-house research. We conduct independent first-hand research on all securities before their inclusion in our investment portfolios.
Active investment management
We believe that investment markets are not fully efficient, causing asset prices to deviate from 'fair value'. Through careful research of investment fundamentals and the application of a disciplined investment process, market inefficiencies can be identified and exploited by experienced investment professionals applying an active investment approach.
All of our portfolios are positioned for long-term investment performance outcomes. Our objective is to add value over the medium to long term, relative to a recognised market benchmark, in a risk efficient manner. Many of our capabilities have a proven and consistent long-term track record, with good results relative to our peers.