By combining the most compelling investments in a diversified and risk-managed portfolio, eROC aims to offer a superior alternative to its investors for the long-term by following an investment strategy which focuses on identifying resilient, yet undervalued businesses.
The eROC Global Fund aims to generate capital appreciation that exceeds broad equity benchmarks over the long-term and to achieve this excess return with a more attractive risk profile. Our analytical framework differentiates resilient businesses from average ones by focusing on the economic return on capital (“eROC”) throughout business cycles.
eROC was specifically designed for Tell Asset Management by ValuAnalysis.
ValuAnalysis is a regulated research company founded by Pascal Constantini. Pascal has shared DNA with Tell and has a 20+ year track record in the field of residual income, namely as Head of CROCI Research at Deutsche Bank.