Walter Scott

Walter Scott & Partners Limited ("Walter Scott") is a classical, fundamental and long-term global equity investment management firm. It was founded in 1983 in Edinburgh, Scotland. The firm focuses on managing global and international equity portfolios - meaning global markets excluding those of the client's own country - for institutional clients around the world. It also manages regional, single country and emerging markets mandates.

Walter Scott's belief is that long-term shareholder return cannot exceed the wealth generated by the underlying business. The firm seeks, therefore, to identify companies capable of sustained high rates of wealth generation.

Portfolios are characterised by a long-term "buy and hold" approach to stock selection, with commensurately low turnover. The firm's portfolios are not simply dictated by the structure of indices.

Research and portfolio management are two elements of the same role at Walter Scott, and each investment decision involves the firm's entire investment staff operating as a single team.