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Meditor Capital Management Limited ("Meditor") is the investment
advisory subsidiary of Meditor
Group Limited. Founded in 1998, it quickly established
itself as one of the leading
investment houses in London.
The heart of the business is
our team of equities
specialists which invests a
range of institutional portfolios
and mutual funds, mainly on
behalf of Meditor Group, which
is based in Bermuda. Our experienced
portfolio managers are mostly
generalists but our team also
includes some specialists in
areas such as healthcare and consumer stocks.
Meditor’s approach to investing is straightforward. We are fundamental stock-pickers, passionate about understanding how a company works and the factors which drive its profits and growth. Between them our fund managers meet with more than 100 different companies each month and, over the years, they have built up direct relationships with many senior management teams. We believe it is vitally important to understand the business on the ground if we are to make a proper judgment on the long-term outlook for a company’s share price. We support this process with a wide range of professional contacts and resources, including conferences, retained advisers, industry consultants and field visits. We believe that our in-depth work can allow us to find hidden opportunities which other investors sometimes neglect as it gives us the confidence to look beyond the market noise.
While we are single-mindedly bottom-up investors, we are not dogmatic about how we value an investment opportunity. We try to avoid the biases of growth or value investing and look at companies across the whole range of market capitalisations. We are as happy to invest in newly listed companies as those with a long established track record. Our approach to valuation is that different companies need to be measured by different metrics – one size does not fit all. This flexibility allows us to take a wide range of investments in client portfolios.
Meditor’s client base is entirely institutional. The portfolios which we manage on behalf of Meditor Group count many of the world’s most prominent investment banks, pension schemes and endowment funds as investors. Most of them have been invested since soon after Meditor was established and this stability has allowed us to take a long-term approach to investment returns.
Meditor has been careful to manage its own growth. The continuity provided by our core investment team has enabled us to recruit the highest calibre of investment and professional staff. We have been keen to avoid market fads and instead have focused on expanding within our core competency – fundamental bottom-up equities investing.
If you require further information on Meditor Capital Management
Limited, please contact Mark Henwood at markh@meditor.co.uk.
If you require further information on Meditor Group or its funds, please contact clients@meditor.bm.
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Meditor Capital Management Limited is authorised and regulated in the U.K. by the Financial Services Authority (ref. 187054). Its Pillar 3 disclosures are available for inspection by appointment at the company's registered office, 25 Old Broad Street, London, EC2N 1HQ. The Funds managed by Meditor Group are not recognised collective investment schemes in the U.K., and shares in such Funds are available in the U.K. only to persons who meet specific regulatory and statutory requirements, details of which are available on request.
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