At Portfolio Partners, we apply our superior knowledge of the Australian share market to actively manage a range of Australian equity portfolios, including long only, concentrated, long/short, sustainable and smaller companies.

We believe that the pricing of individual stocks and sectors on the Australian share market is at times inefficient. This mispricing occurs because investors tend to take a short-term view, over or under react to changes in a company’s operating environment, and make unwarranted generalisations about similar companies. As a consequence, stocks sometimes trade away from their underlying valuation in the short term.

We seek to identify and exploit these opportunities by taking a longer-term view, and through detailed systematic research of individual stocks from a bottom up perspective. In practical terms, we seek to invest in stocks trading at the biggest discount to their underlying valuation, which is reflected in our target price for each stock. We refer to this mission as ‘15% Plus’ - to invest in companies trading at a 15% or greater discount to their target price.

Underpinning our approach to stock selection is a large team of analysts. The team continually gathers information through financial and sustainability analysis, peer group comparison and company visits to gain a true understanding of the business and the issues it faces. Their depth of knowledge of Australian listed companies is the foundation for all investment decisions.

Our stock selection is not restricted by style definition, with no inherent style, size or sector bias. Rather, our portfolios reflect the mispricing opportunities identified through our rigorous stock research.