Swell Global Portfolio
Swell was established in 2014 to serve as a trusted partner to high-net-worth individuals, family offices and institutional investors. The foundation of our investment process is quality, stemming from exceptionally managed companies with clearly articulated strategies for creating value over the long term.
The Swell difference
The Swell Global Portfolio is a global investment strategy focused on owning a concentrated portfolio of the world's best companies. It is similar to a traditional Fund, however, each portfolio is held in the investor's own name in a managed account. Since portfolio companies are held in the client's name, they tend to be more tax-efficient than traditional funds. This is because the constant entrance and exit of people in traditional funds create tax gains for those who remain invested.

Absolute return focus
Our investment objective is to attain an annual return of 9% after deducting management fees over a rolling period of three years. Since inception in June 2015 the Portfolio has returned 12.88% p.a. after all fees.

Long term orientation
Our approach is rooted in the belief that enduring success comes from owning exceptional businesses that compound value over time. We use our long term orientation to identify opportunities and leverage the market’s short term focus.

Concentrated quality
Our process is to acquire quality companies with a durable competitive advantage and strong management team. We adopt a concentrated approach to portfolio construction, allocating meaningful weights to each holding which affords us an opportunity to outperform traditional index funds.
Our Team
Lachlan Hughes founded Swell Asset Management in 2014, wanting to create a unique investment offering – a global portfolio with a genuine long term focus. Prior to establishing Swell, Lachlan spent six years as a Senior Analyst with NovaPort Capital, a boutique fund manager owned by Challenger Limited. His extensive experience in the financial services industry includes legal and investment roles with The Bank of New York (London), King & Wood Mallesons and Allco Finance Group.
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