Ever wondered what the day in the life of a portfolio manager looks like? Well in this episode you will find out!
We were lucky to grab some time with Peter Wilmshurst, Portfolio Manager at Templeton Global Growth Fund (ASX: TGG). Templeton Global Growth Fund is a Listed Investment Company (LIC), listing in Australia in 1987, however, they have a global approach, investing in some of the world’s better-known brands.
Peter has a strong focus on finding value in his investments. In other words, finding companies that are cheap. With markets currently at all-time highs, Peter gave some fascinating insight into how a value investor approaches market cycles, spreading their investments across different industries at different points in the cycle.
Peter is incredibly experienced, and in this episode, you will learn:
The story of Peter’s first investment, and his journey to portfolio manager at Templeton
What Peter’s investing philosophy is, and how it may have changed over the years
How Peter is currently approaching value-investing
What a LIC is, and the advantages & disadvantages of them compared to unlisted funds
How Peter finds stocks and manages drinking from the firehose of information
Some of the key metrics used to value a company
About the importance of reading
