Investment Strategies
All of our three investment offerings are managed with the same investment philosophy rooted in fundamental research, long-term thinking, and team-based decision-making. Each strategy is available in a separately managed account format; our Equity strategy is also available through our commingled equity fund. With every client, we use the same low and transparent fee structure, which declines as assets grow.
Equity
Bristol’s Equity strategy is a long-only portfolio of primarily domestic, large capitalization Corporate Athletes that can compound value over the long term. Through rigorous fundamental research, we build a portfolio of a select number of businesses that possess durable competitive advantages, long-term growth opportunities, and quality management teams that are responsible stewards of capital. The average holding period of companies in the portfolio exceeds five years.
Balanced
Our Balanced strategy combines the long-term capital appreciation of our Equity strategy with the capital preservation and liquidity of our Fixed Income strategy. Our investment team works closely with clients to determine a strategic asset allocation appropriate to their objectives, spending requirements, and risk tolerance. We periodically adjust asset allocations within this strategic range based on the relative attractiveness of each asset class.
Fixed Income
Bristol’s Fixed Income strategy leverages our in-depth company and industry expertise, and aims to generate sustainable income, preserve capital, and provide liquidity. We are deliberate about taking interest rate and credit risk only when the risk-return trade-off is attractive.