12 · 10 INVESTMENT THEMES FOR 2023
Andrew Suzman
is an equity portfolio manager
with 30 years of experience.
He serves on the Portfolio
Solutions Committee and
is a manager for EuroPacific
Growth Fund®.
My colleagues may be able to look at the future and imagine new
products and emerging trends, but the investment theme closest to
my heart is one that doesn't change. Despite all the transformations
in the world, I believe the nature of my job and focus as a portfolio
manager will continue to be exactly the same.
In 2023, just as we did in 2013 and 2003, we will come upon
individual companies that do interesting things. We'll try to buy
them at reasonable prices and hold them so that any returns we
see may be better than if we were to buy every company. That is
my true north.
Some companies will get it right, and some will get it wrong. Our
job is to find those most likely to get it right and create wealth over
time so that our investors may benefit. Not that we'll be perfect, but
I'm optimistic that we can get more companies right than wrong
and continue to add value for our clients.
What's not changing?
The importance of long-term investing
Source: Capital Group.
Industry
Compensation emphasis
1 year
1 year
3 years 5 years 8 years
Long-term compensation is built into The Capital System™
