Manage episode 296910891 series 2882616
In this episode I have the pleasure of talking to Tim Gregory, Senior Fund Manager of the Vermeer Global Fund. We discuss:
- How Tim entered the Fund Management industry, what drew him to the stock market and his advice to graduates entering the industry.
- His early influencers, how the veteran fund manager Bill Mott took Tim ‘under his wing’, and how this experience shaped his investment philosophy and processes today.
- Launching the Vermeer Global Fund in 2016, investing in high-quality companies but the importance of having a flexible and agile investment approach in today’s markets.
- How the pandemic has accelerated the digitisation trend, companies that have benefitted from the crisis and also entrepreneurs who are at the forefront of technological innovation today.
- The Vermeer Global Fund’s unique exposure to Japan and factory automation as a key investment theme.
- The team’s edge in what is a very competitive environment for global equity fund managers and his appreciation for what Nick Train and Terry Smith have achieved throughout their careers.
- What Tim thinks about inflation, in the short and long term, and how he is positioning the fund accordingly.
- The biggest challenge facing Tim and other active managers over the long term and what he hopes to achieve with the Fund over the next five years.
- What he learnt from the pandemic, admitting when you have made an investment mistake and ‘taking your medicine’ early.
- We finish with Tim’s favourite film and also which investment gurus he would want to share a bottle of red with.
It was a joy to listen to Tim, his enthusiasm for the stock market is infectious and I really hope you enjoy the show.