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Fund Manager Award
Prior winners of the LVIC Fund Manager Award for Lifetime Achievement are below:
Charles Brandes – Brandes Investment Partners – 2015
Jean-Marie Eveillard – First Eagle – 2016
Anthony Bolton – Fidelity – 2017
Joel Greenblatt – Gotham Asset Management – 2018
We will take nominations for the 2019 awards in autumn 2018, when the London Value Investor Conference speaker line-up is announced. If you would like to discuss a nomination please email us at contact@londonvalueinvestor.com
CEO Awards
The capital allocator awards were introduced in 2016 to recognise CEOs for the key talent of capital allocation.
On average, 70% of shareholder funds are retained in businesses and not paid out to shareholders. Effective deployment of retained capital therefore makes a profound difference to investor returns. To recognise this key talent, the London Value Investor Conference is launching two new Awards for the Public company CEOs with the best Capital Allocation record judged over multiple years:
The LVIC Award for Best Capital Allocator – UK listed companies
The LVIC Award for Best Capital Allocator – Global listed companies
The criteria used for judging good capital allocation discipline will include such things as:
- Returning capital to shareholders either through dividends or share buybacks when these offer the best available return on capital
- Saving shareholders money by controlling costs in an unusually disciplined way
- Deploying growth capex with a keen focus on return on investment
- Shutting down or selling poor return, non-core or loss-making businesses
- Acquiring businesses or large assets at prices which deliver superior long term shareholder returns
Prior winners of each award are below:
The LVIC Award for Best Capital Allocator – UK listed companies
Richard Cousins – Compass Group – 2016
Tim Martin – J D Wetherspoon – 2017
Simon Wolfson – Next – 2018
The LVIC Award for Best Capital Allocator – Global listed companies
Prem Watsa – Fairfax Financial – 2016
Warren Buffett – Berkshire Hathaway – 2017
Michael O’Leary – Ryanair – 2018
