Quality Business to Consider?, page-81

sure,, may take a few years to bed down brexit relocations... i think HGG needs to show some (not a lot) of inflows and prove its business as usual.. its currently trading at 17x normalised PE (excl. performance fees) which is probably an ok multiple, so really just needs to grow its business outside of UK (which it is doing) to offset the pound depreciation..

nothing wrong with management strategy i thinks.