Castle Point 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.
Our investment philosophy and process seeks 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.
September 2016 – Richard looks at how being a long term investor creates opportunities for both Quality and Value investments.
July 2015 – Stephen explains how the short term horizon can create fantastic investment opportunities, especially in fast growing Quality companies.
April 2015 – Gordon takes you through the importance of good corporate governance in the companies into which we invest.
Jan 2015 – Stephen discusses how value investing can test an investor’s resolve, in a Case Study of Pain.
All investments are kept with the Public Trust, our custodian and supervisor.
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On a recent visit to one of the external managers of our 5 Oceans Fund we asked them for their biggest market worry. The rise of risk parity strategies was the answer.
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The Ranger Fund was recently announced winner of the 2018 FundSource Awards – Alternative Sector. This category included Australian and New Zealand long-short funds. We set the Ranger Fund up as a place for our personal savings. We see it as our core savings fund. However, we acknowledge that the award speaks to the defensive characteristics of the fund, and our different approach to investing.
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Castle Point Funds Management portfolio manager Richard Stubbs gives investors eight reasons to be optimistic about this year.
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Warren Buffett makes a good case regarding gold.
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Castle Point Funds Management says there are heightened risks in financial markets and it's time for managers to put some protection into their portfolios. This feature explains how they are they are adding protection.
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One of the Cook Strait ferry operators, Strait Shipping, was mentioned in the news recently. Although it doesn’t feature in any of Castle Point’s investments, it did tweak our interest.
MORE»Corporate Values, worth the effort?
"Communication. Respect. Integrity. Excellence." - Enron
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