Philosophy and Approach
Our Philosophy
TimesSquare believes that its proprietary fundamental equity research skills, which place particular emphasis on the assessment of management quality, an in-depth understanding of superior business models, and valuation discrepancies, enable the firm to build diversified stock portfolios that will generate superior risk-adjusted returns.
Our Approach
Proprietary bottom-up research approach drives the stock selection process.
TimesSquare seeks to identify superior growth businesses with:
- Exceptional management
- Distinct, sustainable competitive advantages
- Consistent growth
Performs in-depth financial analysis, including:
- Building traditional financial models using internally generated growth forecasts
- Assessing valuations by examining discrepancies in absolute and relative valuation, and longevity of growth rate
- Risk management that is an integral component of the portfolio construction methodology
A strong sell discipline designed to protect investor capital when:
- Operating objectives are not met
- Management is unable to sustain competitive advantage
- There is anticipated deterioration in fundamentals
- Reasons for purchase change
- Overvaluation
- There is prudent profit-taking/trimming
