TEAM’s investment strategy focuses on aligning with medium to long-term trends and maintaining diversification through market cycles. Throughout the post-pandemic period, US equities, particularly mega-cap growth and technology stocks, have outperformed, and TEAM’s exposure has followed these trends. However, the past quarter saw a rotation away from these stocks towards value-oriented markets in Asia, the UK, and defensive sectors such as healthcare and utilities.
Despite challenges in some markets like India and Japan, TEAM’s diversification helped balance underperformance. Their investments in Chinese equities paid off, delivering strong returns, alongside positive performances from physical gold, mining stocks, and US infrastructure equities. Bonds also provided stability.
Moving into Q4 2024, TEAM remains optimistic, maintaining an overweight position in equities, with a more balanced exposure between US and non-US large-cap companies. They are cautious about long-term interest rates but continue to find value in intermediate bonds. Alternatives, especially gold, remain crucial for hedging against risks like dollar depreciation and geopolitical events. TEAM’s process-driven approach has helped navigate the unpredictable market conditions of the post-pandemic cycle.
TEAM stays committed to adapting to changing market dynamics while sticking to a disciplined investment framework for sustainable returns.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.
