About Discovery Asset Management
Discovery Asset Management Pty Ltd (Discovery) was established in May 2014 and is a boutique funds management business specialising in listed Australian Small Companies portfolios.
Philosophy & Process
Long-term valuation is the cornerstone of Discovery’s investment philosophy. The investment team aims to exploit market inefficiencies through a disciplined approach to valuing companies. Discovery use a proprietary long-term valuation methodology to value companies with the belief that a company’s share price will reflect its true value over the longer term. With an investment process developed over 20 years, Discovery’s confident approach comes with many years investing through the cycles.
The investment team is comprised of three senior portfolio managers who combined have over 40+ years of equity investing and have previously worked together as members of the QIC Small Companies team where they managed portfolios for industry superannuation funds for several years.
Prior to founding Discovery Asset Management in May 2014, Stuart was the Head of the Australian Small Companies team at QIC from June 2008, responsible for the flagship QIC Active Small Companies Fund. Prior to this, Stuart was the Head of Australian Equities for Deutsche Asset Management (Australia).
Prior to Discovery Asset Management, Chris was head of dealing at QIC for the Australian Small Companies team from 2007 and following this, became an Analyst with the primary responsibility for resources companies outside of the S&P/ASX100. Prior to joining QIC, Chris spent 18 years in Sydney working at domestic and international investment banks, where he headed up the sales and trading desks for both Citibank and Macquarie Bank.
Peter has more than 18 years’ equity analysis & investment experience gained working within the Australian Small Companies team at QIC, which he joined in August 2008, and previous to this, with Investors Mutual where he focused on smaller companies. Peter brings extensive small companies financial modelling experience (on both ‘Buy’ and ‘Sell’ side) used for company valuations, which is an important part of the team's process.