Andy Brown

Cedar Rock is an active, long-term manager which follows a long-only, buy-and-hold global equity strategy that seeks to minimize frictional costs and to defer capital gains by investing only in quoted companies they believe are capable of compounding in value indefinitely. In selecting companies appropriate for long-term investment, they utilize strict bottom-up approach emphasizing quality, value and managerial character. The firm seeks companies capable of sustaining high returns on capital without requiring financial leverage.