Client Icon

Public Equity

At Wilby Securities ("WS") Investment Management, we adopt a cautious approach to equity investing, guided by consistent, objective, and rational decision-making. Our portfolio is subjected to a rigorous application of comprehensive investment criteria, with the primary aim of delivering attractive risk-adjusted results to our clients over the long term.

Our key guiding principles are as follows:

  • Invest in well-established, cash-generative businesses that are leaders in providing essential products and services.
  • Demand that investments be acquired at a discount to our estimated intrinsic value* (a margin of safety** in the stock price) at the time of purchase.
  • Limit the number of invested companies to minimize the impact of unforeseen company-specific issues, and select only those companies that meet stringent business and valuation criteria.
  • Adopt an ownership perspective, holding stakes in businesses for extended periods to facilitate wealth compounding and reduce transaction costs.

Explore how we incorporate environmental, social, and governance (ESG) considerations into our bottom-up investment approach.

U.S. Large-Cap Equity

Domestic large-cap equity strategy focusing on established, cash-generating businesses in North America.

Global Equity

Global equities strategy aimed at investing in leading providers of critical products and services based in North America and around the world.

U.S. Small & Mid-Cap Equity

Small and mid-cap equity strategy that seeks to invest in a small number of companies that are out of favour or under-followed.

* WS's estimate of the present value of the cash that a business can generate and distribute to shareholders over its remaining life.
* *A margin of safety exists when we believe there is a significant discount to intrinsic value at the time of purchase- we aim to purchase at 75% of our estimate to intrinsic value or less.