A Disciplined Value Approach Delivering Attractive, Sustainable Results.
Our investment approach is based on the conviction that a security's market price
does not always accurately reflect the company's value. We do not respond to investment fads. By having
a time horizon greater than Wall Street's, SKBA adds value by concentrating on the long-term value
of a company. When investor sentiment, emotions, or short-term trends cause the price of a security to
deviate from its intrinsic worth, we see opportunity. We have remained steadfast in our commitment to executing
our disciplined, value investment approach that our founding principals established in 1989. This approach, carried
out by a dedicated team of investment professionals exercising sound judgment, serves as the foundation for all our investments.
Focused on Value
We believe discipline and patience combined with a consistent process and a critical eye
towards the market helps us identify market inefficiencies. Financial markets often present buyers with
opportunities to purchase out-of-favor securities when expectations are low. Identifying these securities, SKBA
formulates an investment hypothesis by understanding the capital allocation process of a company, its future opportunities,
and competitive positioning.
We do not deviate from our process and as such our characteristics have proven to be consistent over time.
We continuously strive to create value and sustainable results for clients by consistently applying our investment process,
regardless of changing short-term fads and investment cycles. By implementing a process that is consistent and disciplined
in its application, our clients understand exactly how we expect our strategies to perform during rising and falling market
Designed to Deliver Long-Term Results
Over history, we have witnessed dramatic changes in the economy and securities markets, yet our investment
approach has remained consistent — and successful. This is a result of our strategies being driven by long term
fundamentals, not by short term fluctuations in the market. We are patient investors and as a result we have a proven track
record and an unwavering commitment to our investment philosophy and discipline.
Our Longstanding Objective: We strive to achieve attractive
full-cycle returns compared to our benchmarks and peers.