Controversies create opportunities

Controversies, issues and mistakes can overshadow entire sectors, impacting industry-leading businesses and creating opportunities for value-driven investors. The Redwheel Global Equity Income Strategy looks to capitalise on pessimism, investing in durable, quality businesses that offer a premium yield to the market. Last year, the market viewed luxury fashion to be ‘over’, especially in China. Redwheel’s team took advantage of discounted fashion stocks and upgraded from Kerring to LVMH – a best-in-class, resilient company within the same sector controversy, which has since outperformed the...