Jacob Vendelbo joined the ValueInvest Global Equity team in 2005, and ValueInvest joined Macquarie Investment Management in 2018. Jacob is an Investment Director, overseeing institutional client relationships. Jacob began his career in financial services in Denmark in 1991, where he held roles in the private banking sector. Jacob attended the University of Aalborg in Denmark where he gained a Graduate Diploma in Business Administration within Financial and Management Accounting.
Topic: High conviction with a focus on downside risk
During the past decade, and particularly in 2019, global equity markets generated very strong returns. With many global uncertainties, markets might look fragile. Where will they go from here? Market timing is a challenging endeavour. Missing out during strong markets, or suffering from falling markets, is critical to returns. The Macquarie ValueInvest Global Equity strategy offers a fully invested, long-only strategy for all market environments. Over its 20-year track record, the strategy lived through several market downturns and delivered significant positive performance that can be attributed to low downmarket capture. As a result, losses – incurred in the years with negative portfolio returns – are recovered more quickly. Jacob Vendelbo will explain how a structured bottom-up stock-picking approach can provide attractive long-term returns.