Summary
- Jupiter’s European Growth Strategy proved relatively robust in the recent sell off. This is a reflection of the high-quality franchise businesses in which we invest.
- No significant changes to our portfolios. Instead, we seek to understand if our current long-term growth assumptions and investment theses will be challenged (or potentially enhanced) by the current pandemic.
- The current pandemic is revealing many weaknesses and fragilities in our world but it is also creating opportunities.
- We highlight three areas where some businesses could benefit over the longer term.
- Our focus is on buying and holding exceptional franchises with sustainable competitive advantages. We continue to be attracted to companies with long term structural growth drivers and predictable cashflows. We apply our process to analyse and invest alongside these opportunities.
