Shareholder returns come from three sources over the medium-term: growth in earnings per share (EPS), dividend reinvestment and multiple re-rating and the Fund relies on all three sources to drive returns. We are always looking for essentially sound companies which are trading at low valuations and pay an attractive dividend yield while we wait for the value to be realised.
Richard Garstang joined OP in November 2006. He was previously employed by Man Securities as a research analyst covering the banking and speciality finance sector. Richard has also worked as a consultant for Deloitte in London and San Francisco. He graduated from St Andrews University. He co-manages the global equity income and global ex US portfolios and contributes to the overall investment selection. Samuel Ziff joined OP in April 2013. He was previously employed by J.P.