Strategy

The SWMC European Fund invests in mid and large cap European companies.

The fund aims to generate absolute returns and is defined by an unconstrained, consistent and long term investment approach.

The fund is long only (but with the ability to short), benchmark agnostic and has low turnover. The fund is concentrated (usually 25 – 30 holdings), as only our best ideas gain a place in our portfolios.

Manager

Stuart is the Managing Partner and CIO of S. W. Mitchell Capital and the Investment Manager of the SWMC European Fund, as well as a number of managed accounts.

Prior to founding SWMC in 2005, Stuart was a Principal, Director and Head of Specialist Equities at J O Hambro Investment Management (JOHIM, now Waverton Investment Management). At JOHIM he set up and managed the Charlemagne Fund, a long/short European fund, and the JOHIM European Fund, a long only European fund. The JOHIM European Fund rose by 133%, from inception in December 1998 until March 2005, compared with 8% for the benchmark index. It was rated number one within its sector by Micropal as well as awarded three stars by Standard & Poor’s.

Upon leaving university in 1987, Stuart joined Morgan Grenfell Asset Management (MGAM) and soon afterwards assumed responsibility for managing the continental European equity assets for MGAM’s British pension fund clients. Stuart was appointed a Director of MGAM in 1996. He subsequently took on the role of Head of European Equities and was responsible for $27 billion of equity assets. Whilst at MGAM he managed the Morgan Grenfell European Fund, which rose by 123% from January 1990 to June 1996, compared with 85% for the benchmark index. It was awarded first place in its sector in the Micropal Five Year awards in 1996.

Stuart was born in Scotland and educated at the University of St. Andrews, where he read Medieval History. He is also a graduate of the Owner/President Management programme at the Harvard Business School. Stuart speaks English and French.

Strategy

The SWMC Small Cap European Fund invests in small cap European companies.

The fund aims to generate absolute returns and is defined by an unconstrained, consistent and long term investment approach.

The fund is long /short and benchmark agnostic. The fund is concentrated (usually 50 – 60 holdings), as only our best ideas gain a place in our portfolios.

Manager

Jamie is a Partner of S. W. Mitchell Capital, and the Investment Manager of the SWMC Small Cap European Fund and a number of long only small cap managed accounts. Jamie also manages a long/short small cap 1940 Act fund in the US.

Jamie joined SWMC in early 2006. He launched a long/short small cap fund in November 2007 after a year and a half spent researching European markets, finding himself gravitating towards the small cap space.

Jamie started his career at J O Hambro Investment Management (JOHIM, now Waverton Investment Management) in 1997. During his time at JOHIM he managed private client portfolios and researched US companies, with a particular emphasis on technology, media and telecommunications.

Jamie was born in England and educated at the University of Oxford, where he read Classics.