ABOUT US EPOCH INSIGHTS INVESTMENT APPROACH STRATEGIES & RESULTS IN THE NEWS
Epoch Investment Partners

Barron’s interview with Epoch Investment Partners - April 25, 2015

Epoch's co-CIOs, Bill Priest and David Pearl, discuss what to look for in an investment and the importance of free cash flow.

Barron’s interview with Epoch Investment Partners - April 25, 2015

Epoch’s Capital Markets Outlook - July 16, 2015

Bill Priest and David Pearl, our Co-Chief Investment Officers, will discuss the macroeconomic factors that are affecting financial markets and the implications for investment portfolios in this quarter's Capital Markets Outlook webinar. 

Epoch’s Capital Markets Outlook - July 16, 2015

Shareholder Yield: The Case for the Next Decade

The Shareholder Yield strategy is approaching its tenth anniversary. Since its inception it has established a strong track record. But with widespread expectations that the next ten years will be different, it is fair to ask: was this strategy simply right for the time? Or is it, as we believe, a core strategy, relevant for all times? In the attached white paper, we lay out the case for the relevance of the strategy in the coming decade. 

Shareholder Yield: The Case for the Next Decade
left corner

We are global equity investors with a distinct perspective on the long-term drivers of shareholder return.

Upper Right Corner Shadow
lower left cornerlower right corner
left corner

OUR INSIGHTS

See All Insights >


Advantage from Perspective

Long-term investment success demands a focus on essential truths that are not always obvious. We focus on investing in companies with the enduring elements that create value: free cash flow and managements committed to providing positive returns to shareholders. Like the companies in which we invest, we are committed to transparency. This includes sharing our global market perspectives and insights that help drive our investment decisions.

Upper Right Corner Shadow
lower left cornerlower right corner
left corner

OUR INVESTMENT PHILOSOPHY

Investors often view a company through the prism of accounting measures such as price-to-book value and price-to-earnings ratios. Epoch adopts a different approach. Earnings growth and dividends drive shareholder returns, and they come from a single source: cash flow. We focus on companies that are growing free cash flow and allocating it intelligently.

Reinvesting cash flows in internal projects or acquisitions is preferred when those actions will generate returns above the cost of capital. Otherwise, we believe company managements should return excess cash to shareholders through dividends, share buybacks or debt repayments -- collectively known as "shareholder yield."

Learn more >

Upper Right Corner Shadow
lower left cornerlower right corner
left corner

IN THE NEWS

Bill Priest interviewed by BNN’s Frances Horodelski - February 6, 2015

Bill Priest recently appeared on the Business News Network's Legends of Investing where he discussed the impact macroeconomic factors are having on global markets.

Reuters Insider - Investment Strategies Featuring Eric Sappenfield - June 2014

Eric highlights that the Shareholder Yield strategy is focused on collecting dividends, share buybacks and debt reduction rather than attempting to capitalize on valuation opportunities.

See More >

Subscribe to Email Alerts

Stay up to date on Epoch's Insights, white papers and news.

Upper Right Corner Shadow
lower left cornerlower right corner