1. Value the Equity
Understand the company’s fundamentals and the drivers that truly determine value.
Investment Approach
We take an alternative view of UK-listed equities, looking for asymmetric opportunities where fundamental work and consensus diverge.
Our philosophy
We have a contrarian mindset.
Exceptional success comes from an atypical approach. The best funds are materially different from the majority.
We created Kernow to focus our conviction, enthusiasm and talent on increasing the repeatability of superior risk-adjusted returns.
We thrive on sifting through the discarded, misunderstood and esoteric opportunities to find skewed risk-reward situations, often finding hidden gems in unfashionable areas.
Clarity through conviction
2. Acquire at a Discount
Seek hidden quality on the long side and forensic opportunities on the short side.
3. Trade the Catalyst
Match position and timing to the thesis, helping avoid value traps and manage risk.
Invested alongside our clients
We invest our own money alongside client capital. That shared exposure brings a long-term perspective to research, portfolio construction and the development of the firm.
Meet the team