INVESTMENT PHILOSOPHYWe seek to invest in attractive businesses that grow in value over time when the market presents them at bargain prices. We utilize a value philosophy, applied to a broad spectrum of investment opportunities giving us the flexibility to invest across both “growth” and “value” equities and market cycles. We look for moments when the market serves up opportunities to purchase these companies at bargain prices, which is often due to short-term investor perceptions, temporary business difficulties that should improve or as-yet undiscovered opportunities and unrecognized changes for the better in our view. MAIN OBJECTIVESWe believe that having the flexibility and mindset to look across the broad spectrum of investment opportunities allows us the ability to invest in compelling, well-understood businesses with shareholder-oriented managers and a margin of safety. Value Philosophy Take advantage of price fluctuations to obtain investment bargains on purchasesMargin of Safety Incorporate a margin of safety in our valuation analysis to reduce riskBusiness Owner MindsetApproach investing as long-term owners of businesses rather than stocks. Look for quality management teams.Long-Term PerformanceResulting in a track record of long-term attractive performance across both growth and value cyclesINSIGHTS EquitiesFlexible Equity Strategy: Portfolio Manager Maneesh Bajaj Discusses His Investment ApproachManeesh Bajaj, CFAEquitiesEquity Beat: Can Semi Stocks Keep Knocking Our SOX Off?Eric Gordon, CFA By viewing the documents on this page, you confirm and accept that you are an institutional client and are acting on behalf of your client as their authorized advisor or are seeking information as a representative of an institution and that you have read and understood the terms on which the information is being provided.The information in this section of the website is for information purposes only and does not constitute a recommendation or investment advice to buy or sell securities.Some Brown Advisory strategies may meet your needs and objectives more effectively than those referred to in this section of the website. For more information, please contact us directly. The contents of this section of the website have not been prepared for the benefit of investors outside the United States. They are not directed at any person or entity elsewhere, nor are they intended for distribution or to be used by any person or entity outside of the United States. In some countries, the distribution of information in this section of the website may be restricted: it is your responsibility to find out what those restrictions are and to observe them. Brown Advisory cannot be liable for a breach of such restrictions. Non-U.S. investors should consider their local regulations before considering investment.