Castle Point Funds Management is a boutique Fund manager which was formed in 2013 by Richard Stubbs, Stephen Bennie, Jamie Young and Gordon Sims.
We invest with a long-term perspective and focus on capital preservation. Double winner of the 2019 Zenith FundSource Boutique Manager of the Year and Australasian Equities awards.
Our investment philosophy and process seek to exploit market inefficiencies that exist, in our opinion, because financial market investors tend to:
- focus on recent past performance
- underestimate the effect of capital flows and the resilience of poor returning companies (we call this the ‘Value Opportunity’)
- underestimate the length of time growth companies can earn excess returns (we call this the ‘Quality Opportunity’).
We use disciplined investment processes to find, research and include investment opportunities in our portfolios.
Our investment commentaries frequently delve into examples that illustrate how our investment philosophy works in practice.
All our investment assets are safeguarded with MMC, the custodian of all our Funds.
The independent supervisor of our Funds are the Public Trust, a crown-owned trustee.
a2 Milk – growth stocks and downgrades don’t mix well
A case study in understanding how downgrades impact growth stocks, by Castle Point's Stephen Bennie.
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Castle Point's Richard Stubbs questions whether there is much value to the effort and activity that goes in to six-monthly earnings announcements.
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Castle Point's Jamie Young looks at a2 Milk's standout success, and asks whether investors can expect this to continue?
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Castle Point co-founder Gordon Sims tells a story about two companies; one a value play and the other a growth opportunity. Which one do you think is best?
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Will the success of corporate employees working from home during lockdown lead to a permanent shift to workers being home-based?
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Castle Point takes a critical look at some of the ASX and NZX capital raisings we have seen so far as a result of Covid-19's economic impact. Do they represent good value for investors?
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Castlepoint Funds Management director Richard Stubbs puts some investment perspective around Covid 19.
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Jamie Young looks at the above normal returns achieved in 2019, how the market has been tracking since 2005 and what that could mean for 2020 and beyond.
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There are more complexities to investing in the primary sector than you might imagine.
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Castle Point Funds Management partner Stephen Bennie says that early in his career, an important mentor had a favourite saying, “I’d rather be lucky than smart”.
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Does contrarian investing really work? CastlePoint Funds Management explains the process and what is required to succeed.
MORE»