This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
Pocketmags Digital Magazines
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > > FOREVER CHANGES


A dedicated stockpicker who is happy to talk about holding companies ‘forever’, Ben Preston wants investors to refocus on the long-term picture

Fund manager profile Ben Preston, Orbis Investment Management

If you have come to these pages in hope of reading up on a fund manager’s ideas on how the Trump effect and Brexit might hit returns, then you’ve come to wrong place. It is the micro, not macro, that Ben Preston of Orbis Investment Management is interested in.

As a manager overseeing the global equities team at Orbis, Preston is a staunch bottom-up stockpicker. He is much more likely to be found discussing company level microeconomics than Trump’s latest tweet or the impact of Bank of England policy on the FTSE 100.

Methods of prediction

The focus of the £16bn Orbis Global Equity Fund is on finding companies with long-term value, an area where examining the macro can muddle decision making, according to Preston.

This long-term aspect of working within the Orbis team, which he joined in 2000, is clearly something Preston has been proud to be a part of during his 17 years with the firm.

Purchase options below
Find the complete article and many more in this issue of -
If you own the issue, Login to read the full article now.