We in Setanta Asset Management do not believe the market is efficient. Our aim is to purchase and own assets at a price below a reasonable assessment of their worth. This is where we focus our resources. Our process is akin to assessing a part ownership of a business rather than trading a security. This assessment of value must always encompass a thorough understanding of where this value is derived. We have a long term investment horizon and risk management is always central. We regard risk as the potential for permanent impairment of value. Integrity is a key tenet of our professional DNA and we embrace a culture of continued learning.
The U.K.’s decision to exit the European Union and Donald Trump’s election shocked the world. At the headquarters of Ireland’s best-performing fund manager, David Ryan shrugged and carried on as usual. Head of multi-asset funds at Dublin-based Setanta Asset Management, Ryan said the firm is a long-term investor, focusing on underlying value rather than risk being swayed by short-term surprises.