TWC Investment Management (TWC) has announced the launch of its Select Global Wealth Creators Fund for Australian wholesale and institutional investors.
The long-only global listed equity strategy seeks to invest in a portfolio of 15-30 high quality companies that are typically in the early stages of their industrial lifecycle and are best positioned to create wealth for their shareholders.
TWC was launched in September this year, with operations in both Sydney and Melbourne. Alongside Hereford and Birkhold, its founding partners include Neil Carter, Cameron Sinclair, Amy Reed and Angelique Tan.
TWC’s investment suite for wholesale and institutional investors also comprises the Global Wealth Creators and Emerging Wealth Creators funds, catering to investors across the risk spectrum.
According to TWC, the Select Global Wealth Creators fund aims to deliver annualised excess returns of 3-4 per cent above the MSCI World Index, pairing an analysis of where a company sits on its industrial lifecycle with an assessment of management’s track record of shareholder wealth creation.
The fund, which employs a rigorous, evidence-based investment process, will provide actively managed exposure to innovation across technology, communication services, industrial, healthcare, consumer and financial sectors.
This includes holdings like Block, Netflix, Meta, and Novo Nordisk.
“With investors increasingly focused on gaining exposure to skilled management teams across the globe who are best positioned to create sustainable wealth for shareholders, TWC believes now is an opportune time to launch the Select Global Wealth Creators Fund,” explained John Birkhold, chief investment officer at TWC.
“Our investment philosophy focuses on identifying innovative companies, such as TSMC and Eli Lilly, with proven track records of generating real economic returns in excess of their cost of capital, along with reasonable embedded expectations and positive near-term operating momentum.”
TWC’s proprietary investment approach includes a Real Return on Investment (RROI) framework that normalises corporate performance by eliminating distortions from reported accounting statements.
It systematically classifies companies into distinct stages of their industrial life cycle, ensuring a disciplined approach to identifying management’s wealth creation skillset.
Owen Hereford, chief executive of TWC, explained the investment approach is designed to “eliminate biases inherent in traditional investing”.
“This enables us to systematically select stocks with the highest potential for outperformance and support our clients’ long-term wealth creation goals. The Select Global Wealth Creators Fund specifically offers a focused, high-conviction strategy that should provide our clients with superior investment outcomes over a full market cycle,” he said.
“We’re excited about the launch of this fund, and it reflects just the beginning of what we’re building at TWC.
“With our deep expertise and disciplined execution, we look forward to creating and delivering meaningful opportunities for wealth creation across family offices, private wealth and institutional segments.”
