Brown Advisory US Flexible Equity fund was launched in the UK in 2014, and a retail share class in 2016. However, a parallel version has been managed by the same team for more than 20 years in the United States. The fund has been run by Maneesh Bajaj since 2017. Its strategy is unconstrained, meaning Maneesh is free to select companies from across the market cap spectrum. This has enabled the fund to become of the few to consistently outperform the S&P 500 over long periods of time.
More about this episode:
- The state of the US economy today
- The problem of persistent inflation
- Challenges for the Federal Reserve
- The outlook for the US tech sector
- The fund’s bottom-up investment approach
- Why Berkshire Hathaway is a long-term holding
- How Netflix’s future initiatives have made it a bargain buy
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