FINDING VALUE IN THE GLOBAL MARKETPLACE

 

The Altrinsic investment philosophy is embodied in its name, derived from the Latin word altus and intrinsic. “Altus” represents the firm’s pursuit of peak performance, while “intrinsic” refers to Altrinsic’s focus on the drivers of companies’ intrinsic value and financial productivity.

 

Searching for opportunities amid change and uncertainty, Altrinsic's investment team seeks to capitalize on inefficiencies in the world’s equity markets by taking a long-term view and leveraging in-depth fundamental analysis, global industry knowledge, and its distinctive cross-border frame of reference. As the value of information has become increasingly commoditized, the value of experience, perspective, judgement and common sense have increased.

 

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Altrinsic’s determination of intrinsic value is not confined to a narrow definition of “value” (i.e., low price to earnings ratio) stocks. Seeking opportunities amidst change and uncertainty, there is prudent flexibility in the process that allows the team to capitalize on two broad types of investments. The first are undervalued, higher-quality companies with strong sustainable return on capital profiles, and the second category of companies are undervalued businesses in which profitability levels are depressed and/or are likely to improve. Altrinsic’s time-tested fundamental discipline, combined with prudent risk management, seeks to deliver superior risk-adjusted returns over the long term.

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Altrinsic follows a fundamental value approach in which the team seeks out high-quality undervalued companies worldwide.

 

OUR TEAM

John Hock, CFA

John Hock, CFA

Chief Investment Officer

John Hock is the founder and Chief Investment Officer of Altrinsic Global Advisors. Prior to founding Altrinsic in 2000, Mr. Hock was Senior Vice President, portfolio manager, and member of the Investment Strategy Committee at Hansberger Global Investors. Before joining Hansberger in 1996, Mr. Hock was a vice president and senior analyst in the Global Securities Research and Economics Group at Merrill Lynch, where his analysis focused on overseas equities. He received a BS in Applied Economics from Cornell University and an MBA in Finance from New York University. Mr. Hock holds the Chartered Financial Analyst designation.

John DeVita

John DeVita

Principal

John DeVita is a principal of Altrinsic Global Advisors with primary research responsibility for the global consumer and telecommunications industries. He has been involved with international investing since 1991 when he began his career with Société Générale Asset Management. His diverse background includes extensive experience in international securities analysis, trading and operations in the equity, fixed income and foreign currency markets. A graduate of Villanova University, Mr. DeVita holds a Chartered Financial Analyst designation and is a Certified Public Accountant.

Andrew Waight, CFA

Andrew Waight, CFA

Principal

Andrew Waight is a principal and analyst at Altrinsic Global Advisors with primary research responsibility for the healthcare sector. Prior to joining Altrinsic in 2004, Mr. Waight has specialized in global healthcare since 1992 and served as a portfolio manager for the CI Global Health Sciences Fund since 1999. Previously, he managed assets for BPI Mutual Funds and Mutual Asset Management. Mr. Waight received an honors BSc in Genetics, an MSc in Biochemistry, and an MBA from the University of Western Ontario. He holds the Chartered Financial Analyst designation.

Rich McCormick

Rich McCormick

Principal

Mr. McCormick is a principal and portfolio manager/analyst at Altrinsic Global Advisors. Prior to joining Altrinsic in 2009, Mr. McCormick was a research analyst at Blackmont Capital Inc. Previously, he was manager of global risk management at Scotia Bank. Mr. McCormick received a BCom from St. Mary’s University and an MBA from Dalhousie University. He holds the Chartered Financial Analyst designation.

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