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A different path to
long-term returnsA valuation-led global equities strategy
designed to complement core exposures.
Now’s the time to diversify beyond the usual drivers of return
Many global equity portfolios may appear diversified, but often rely on a narrow set of companies, sectors and market forces. As markets become more concentrated and less forgiving, your clients need exposure that can complement core holdings, not simply mirror them.
PM Capital’s Global Companies Fund is designed to do just that. It offers a concentrated, benchmark-agnostic approach to global equities, built on disciplined valuation of the companies we seek to own and a lower reliance on broad market beta.
Over 25 years of patient, disciplined investing, looking beyond consensus to identify opportunities others may overlook.
Why changing times demand true value, not consensus
PM Capital invests based on what a business is worth, not where the market is focused. This discipline guides what enters the portfolio, what stays out and when to exit.
By looking beyond crowded trades, the Global Companies Fund seeks companies whose long-term potential may be underappreciated, creating a concentrated, benchmark-unaware portfolio designed to complement core global equities and add different return drivers.
Help your clients look beyond the index and prepare for what lies ahead.
Long-term discipline, proven across cycles
Index refers to the MSCI World Net Total Return Index. Fund performance, Index correlation and 5-year realised beta figures are as at 30 June 2026. Chart reflects Fund growth net of actual fees. Calculations are based on exit price with distributions reinvested, after ongoing fees and expenses but excluding individual tax. Fund Inception 28 October 1998. These figures represent past performance only. No guarantees exist of future returns above or below these figures. Past performance is no indication of future performance. Neither PM Capital Limited nor any other person makes any representation as to the future or success of, the rate of income or capital return from, recovery of money invested in, or income tax or other taxation consequences of, any investment in the Fund.
Explore the thinking behind the Fund’s success
Go deeper into how PM Capital identifies opportunity, manages risk and applies its valuation-led approach to make the most of today’s market.
Discover PM Capital’s expertise as a satellite partner
PM Capital Global Companies Fund gives you the opportunity to complement your clients’ core global equities. Ask how our valuation-led global equities strategy can add differentiated return drivers, lower market sensitivity and long-term growth potential.
