Expert Insights

Alex Duffy, Portfolio Manager of the Fidelity Global Emerging Markets Fund, sees some common characteristics among the management teams of great companies.

  • A deep ownership culture. There’s a desire to “do the right thing” by the customer and create a great product.
  • Longevity and depth of management. The company isn’t “a one-man show,” and high-level roles are filled from within the organisation.
  • Incentives aligned. Senior management should have equity ownership rather than stock options, and share plans should be longer-term in nature.

“The best companies that I’ve found are those that identify their opportunity set and they don’t worry about the growth rate being a certain level above or below their peer group. They just execute on a good product and they consistently execute on that well.”

In this video, he also explains what characteristics he’s seen amongst the worst companies.


Please sign in to comment on this wire.