Alluvium Asset Management

Alluvium Asset Management is a private investment management firm based in Sydney, Australia. We manage global portfolios of listed equity securities. Our investment strategies were initially conceived and developed solely for the Founder’s benefit. Our investment processes are based on the merits of fundamental value investing and our belief that behavioural biases are typically detrimental to investment returns. We merge behavioural finance concepts with fundamental business analysis and value investing principles to build portfolios of quality businesses listed on global exchanges. Our view is that behavioural biases, and the structure and incentives inherent within investment markets often lead to prices differing significantly from underlying value. We consider these to be structural rather than cyclical such that the resultant mispricing is enduring. Our investment process has been designed to take advantage of this. We are not burdened by the constraints commonly facing institutional asset managers. Our investment universe is very broad (global businesses listed on developed market exchanges) and we are able to take meaningful positions in small, under-researched businesses. We run concentrated portfolios that reflect our fundamental value investing principles and bear no relation to any index. We acknowledge that markets can be irrational in the short term, and so we are accepting of short term under-performance. In fact, we believe it is an inevitable consequence of our dual aims to preserve capital and achieve attractive absolute returns over the longer term. We are totally aligned with our clients. We have significant and meaningful personal investment in our strategies, so we take the same risks and share the same rewards as our external investors. Alluvium Asset Management was founded in 2013 and is wholly owned by its employees.