Anthony Cross to attend Hamburg Summit
Anthony Cross, fund manager, UK Economic Advantage, Liontrust Asset Management is set to discuss Liontrust special situations fund at the upcoming Autumn Pan-European Summit Hamburg 2017, taking place 11-13 October at the Hotel Sofitel Hamburg Alter Wall.
Anthony Cross will examine the type of intangible assets he looks for in companies, and how these assets can become barriers to competition, allowing the companies to defy industry competition and sustain a higher-than-average level of profitability for longer than expected.
The Economic Advantage process and the Liontrust special situations fund invests on a long-only basis in companies that earn high returns as well as possessing strong balance sheets or solvency. Anthony Cross and Julian Fosh believe that these quality credentials are likely to prove as valuable as ever given an uncertain macroeconomic outlook which is being exacerbated by political instability.
Anthony Cross graduated in 1990 from Exeter University with a degree in politics. He then joined Schroder Investment Management as a graduate trainee. He spent his first three years as an equity analyst before joining the Smaller Companies team in 1994. During this time, Cross identified a number of characteristics common to successful companies and on joining Liontrust in 1997 he was able to develop his thoughts further and create a documented investment process. This process, called Liontrust Economic Advantage, was applied to the Liontrust UK Smaller Companies Fund from the start of 1998.