Maneesh Bajaj, manager of the Elite Rated Brown Advisory US Flexible Equity fund, talks about his fund, the outlook for US markets in 2023 and the fund’s approach to investing. He comments on several of the fund’s holdings, including Berkshire Hathaway and why that conglomerate’s culture of corporate responsibility and attitude towards its shareholders makes it an important, long-term holding for the fund. He also reveals why he believes there’s still mileage in the FAANG tech stocks and why Netflix has come good.

What's covered in this episode:

• The state of the US economy today
• The problem of persistent inflation
• Challenges for the Federal Reserve
• The outlook for the US tech sector
• The fund’s bottom-up investment approach
• Why Berkshire Hathaway is a long-term holding
• How Netflix’s future initiatives have made it a bargain buy

More about the fund:
Brown Advisory US Flexible Equity fund was launched in the UK in 2014, and a retail share class in 2016. However, a parallel version has been managed by the same team for more than 20 years in the United States. The fund has been run by Maneesh Bajaj since 2017. Its strategy is unconstrained, meaning Maneesh is free to select companies from across the market cap spectrum. This has enabled the fund to become of the few to consistently outperform the S&P 500 over long periods of time.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.