About Us
About Us
Polygon Aegis is a group of investment companies based in Sydney Australia. We are:
- LONG TERM VALUE INVESTORS, searching the markets daily for additional earnings power at reasonable prices. We use debt sparingly and typically hold investments for at least 5 years, sometimes forever.
- VERY DISCIPLINED and only invest in what we understand (which is widening every day) where opportunities meet our strict acquisition criteria. We approach all situations with a multi- disciplinary mindset and conduct dynamic fundamental analysis with all available tools and information.
- Always building and expanding VALUED LONG TERM RELATIONSHIPS with our co-investors and investment communities.
Since 2007 we have been investing in listed equities (international & Australia) and have achieved
24% P.A. COMPOUNDED OVER 18 YEARS
This 18 year performance record is unmatched at most investment houses and is largely attributable to our multi-disciplinary and disciplined approach to investment and problem solving. These returns were achieved without the use of debt / leverage.
We also acquired distressed direct property assets in Australia during the Global Financial Crisis (GFC) from 2008 – 2010. These have also performed very well. Some have grown 5x in just 15 years and are now producing rental yields of 30%.
Recently we have been investing and collaborating in private tech businesses and properties in the Healthcare & Wellness sector.
Why Invest With Us?
Polygon Aegis was created with the aim of bringing our team’s unique global transaction experience to clients and investors who seek:
- tailored investment and financial solutions
- excellence and discipline in investment analysis and capital management
- honesty, transparency and a long-term business relationship
- superior technical and research capabilities
- a flat corporate structure, without bureaucracy & undue complexity, good service, flexibility & agility
We take long term views and invest (or avoid investments) accordingly. Whilst past performance is no guarantee of future performance, we believe that our approach to investment should outperform popular performance benchmarks over the medium and long run. Our investment philosophy is more fully discussed in our News & Insights page.
Typically, we will identify an investment opportunity and offer participation to our investors (if we think it meets their investment criteria). This could be the purchase of stocks, a business, and may also include special arbitrage opportunities in the financial markets.
Selection of investment opportunities is based on a multi-disciplinary mindset. We seek to avoid the “me too” imperative, which is so prevalent in today’s institutional funds management community. Our approach is contrarian, best summed up by Warren Buffett: “…be fearful when others are greedy, and greedy when others are fearful”.
We correctly forecasted the demise of the easy credit mania (and associated asset bubbles in the global commodities, property and share markets leading up to the GFC). We adopted strategies which massively out-performed most markets and preserved capital during the GFC (2008 – 2010). Since then, we have capitalized on recurrent opportunities arising from forced selling by those who borrowed too much, and have been compounded by the fear and panic in the markets (eg European banking crisis and COVID markets melt-down in 2020).
Our forecast is that the breathtakingly massive debt-loads globally, together with the emergence of new economic superpowers and technologies, will result in many geo-political challenges, disruption and opportunities in the markets. Risks of hyper-inflation, bond market spasms and credit crunches are very real and need to be managed.
Simply adopting passive investment strategies (Index Funds and ETFs) and hoping for the best has outlived its usefulness in our opinion. These are massively crowded trades and, in all probability, will generate mediocre returns. In the meantime, many markets have become inefficient due to lack of coverage by mainstream institutions and brokerages. In our opinion, this is where the golden opportunities lie. The second half of this decade will herald the age of the stock-picker. Not just any old stock-picker. It will be the research driven, disciplined, fundamentals-based investors that will be rewarded. That’s what we are.
Our investments are acquired with minimal debt. We will not be exposed to refinancing, liquidity and interest rate risks. We will not be forced sellers of assets.
Asset acquisitions are only made on the basis of clear value-based parameters for example, we will not buy an asset simply because it has fallen in price. Usually, the price we pay would need to reflect much greater intrinsic value (hence giving us a margin of error), or at least the potential for the generation of much greater value, after our value-adding participation. Also, generating massive long-term returns is often achievable simply by not overpaying. Buying a great business (or shares in such businesses) at a reasonable price is usually a good idea (they rarely sell at a discount). The hard part is finding them.
