What is Best Ideas?
Best ideas is a high-conviction US equity investment strategy. As the name suggests, Guiscard Capital constructs a portfolio using the best ideas of a group of carefully selected fund managers.
We distil the portfolios of up to twenty mutual funds, investment advisors and hedge funds investing across four different investment styles (quality, growth, value and small cap) into two portfolios.
Why Invest in Best Ideas?
The result is similar to a multi-manager equity portfolio, but much simpler and cheaper.
You get all of this in your own managed discretionary account. This means that you have transparency, liquidity and security.
How does Best Ideas Work?
Fund managers have access to vast amounts of information and are highly skilled at analysis. Academic and empirical research have demonstrated that their best ideas do beat the market. But business conflicts mean that their portfolios often hold too many stocks. The high fees that some managers charge mean that most of the out-performance goes to the fund manager, not the client.
Guiscard Capital uses the regulatory filings of a diverse group of fund managers to track their best ideas, accessing their informational and analytical edge. We rank these stocks by risk-adjusted return and apply our portfolio construction know-how to select stocks and size positions.