Global equities: How to choose the winners

Clyde Rossouw, manager of the Investec Global Franchise fund, talks to Dan Jones about his strategy and recent portfolio moves.

Apple, the world’s largest company, is your largest individual underweight – why is this? Samsung is one of your largest holdings – do you see it as having a competitive advantage? We do not construct the Investec Global Franchise portfolio according to benchmark weightings; rather we are looking for companies with attractive characteristics. We look to invest in businesses that offer the best combination of high quality, sustainable growth, above average yield and compelling valuations. We believe these global franchise businesses are likely to be well suited to the current lower g...