WCM’s approach to valuation is not about trying to put a precise value on a business. Rather, it is about identifying opportunities where the team’s long-term view differs to that of the market. Once the market price begins to embed a growth rate that is consistent with WCM’s expectations, the opportunity becomes less attractive.
DISCLAIMER: Past performance is not a predictor of future returns. This update has been prepared for information purposes only. Any figures provided in this document are unaudited and approximate. This post does not contain investment recommendations nor provide investment advice.
You are strongly encouraged to obtain detailed professional advice and to read any relevant offer document in full before making any investment decision. This is not an offer to invest in any security or financial product.
© 2023 Associate Global Partners Limited.