Our Firm

Our Firm

“…we can and do control the process by which we invest. This is what we should focus upon. The management of returns is impossible, the management of risk illusory, but the process is the one thing that we can exert an influence over."

- James Montier

Purpose & Approach

Manitou’s primary objective is to preserve and grow our clients’ capital responsibly. To achieve this objective we focus our investment approach on three key elements: Quality, Margin of Safety and Intelligent Diversification. 

Investment Process

Our investment process, which we call Grade A Manitou, is fueled by independent quantitative and qualitative analysis combined with sound judgment. It is a process grounded in discipline and in the inherent knowledge that concentrating our investments in quality companies with a margin of safety protects capital from permanent loss and provides significantly greater appreciation opportunity when a company’s true value is recognized.

Investment Mandates

All Manitou mandates are managed to an absolute return hurdle with a focus on capital preservation and prudent capital growth. All equity Mandates use the same investment team and process ensuring consistency and continuity. Portfolios are populated from the Manitou Master Control Sheet based upon eligibility and risk management overlays.  Manitou mandates all have corresponding regional benchmarks for relative performance comparison.

Defining Success

Every investment manager should be able to state how each part of their process drives success for their clients, and show how it’s measured.