- Philosophy & Pricing Anomalies: Loomis Sayles’ Growth Equity team is active managers with a long-term private equity approach. They look to invest in those few high quality businesses with sustainable competitive advantages and profitable growth when they trade at a significant discount to intrinsic value.
- Seven-Step Research Framework: The cornerstone of the Growth Equity team’s investment decision-making process is a seven-step research framework that includes a rigorous look at businesses sustainable competitive advantage, financial analysis, management, growth drivers, intrinsic value ranges, and expectations analysis.
- Selective Investing Focused on High-Quality Businesses: The team’s Quality-Growth-Valuation investment process begins with the art of trying to identify high-quality companies, those with unique, difficult-to-replicate business models, and sustainable competitive advantages.
- Define Risk as a Permanent Loss of Capital: Because they define risk as a permanent loss of capital, the team takes an absolute-return approach to investing and seeks to actively manage downside risk.