For many years, Peter Switzer and his team have delivered trusted financial information and advice to investors and self -managed super funds through our newsletters, websites, financial planning practice and role in the Australian media.
Having helped thousands of investors plan for their financial future, and after countless requests to manage client or subscriber money, we decided to launch Switzer Asset Management in association with Contango Asset Management, a leading institutional fund manager.
At Switzer Asset Management our purpose is to help our clients protect and grow their wealth. We’ve assembled a highly-experienced team consisting of some of Australia’s leading investment experts including Peter Switzer, George Boubouras, Paul Rickard as well as highly-respected stock picker Charlie Aitken.
We also have access to a large and well-resourced investment team led by George Boubouras. Each team member has an average of over 20 years industry experience. Our investment process combines top-down and bottom-up analysis enabling our team to add value at both the stock and sector level.
With over 200 years of combined investment experience, we have built a team of the best investment professionals in the industry to help investors, self-managed super funds and advisers grow, protect and build their wealth.
Having helped thousands of investors plan for their financial future, and after countless requests to manage client or subscriber money, we decided to launch an asset management company with the purpose to help our clients grow and protect their wealth.
We believe most investors aren’t looking to shoots the lights out, but are simply after an investment solution that delivers consistent and competitive returns.
Our investment philosophy is based on three basic principles.
Firstly, economic conditions drive earnings and valuations.
Secondly, stocks and sectors perform differently at each
stage of the economic cycle.
Thirdly, these relationships can be exploited in a systematic
way to add value to investment portfolios.
We believe that having a view on the economic and market cycle is critical to investment performance given the dominance of macroeconomic influences on company earnings and valuations.
Although longer term valuation models can provide good baseline valuations, sectors and stocks can trade at significant premiums and discounts to underlying valuations for extended periods of time depending on the stage of the cycle. We believe an investment process that incorporates this insight can outperform static-longer term valuation approaches to investing.
At Switzer Asset Management our investment team has an effective and disciplined investment process based on a philosophy that economic conditions drive stock and sector performance.
Our process is a combination of top-down and bottom-up analysis enabling the team to add value at both the stock and sector level.
The process starts with the economics team’s analysis and forecasts. Here the team outlines the likely path of key economic and financial market variables over the next 12 months.
The next step is to convert these economic insights into investible sector recommendations. Switzer Asset Management has access to a proprietary system that group stocks and industries into ‘Super Sectors’ by their key economic drivers. This is a key part of the process and helps to facilitate the economic insights into investable recommendations.
Once positions have been finalised, it is then the job of the equity analysts to populate those sector positions with their preferred stocks. The equity team undertakes rigorous research and modelling of all companies it intends to invest in. These models are integrated into financial statements with forecasts of at least three years.
Finally, once the Super Sector and stock positions have been finalised, the team constructs a final portfolio with consideration for overall risk and specific portfolios objectives.