Overview
Assets Under Management
As of February 28, 2023, Sanderson managed $1,628,378,186 of discretionary Client assets under
management. Sanderson does not manage any assets on a non-discretionary basis and does not
participate in any wrap fee programmes.
Firm Inception and Ownership Structure
Sanderson Asset Management LLP (“Sanderson”) is an independent investment management firm
offering international equity services principally to U.S. Clients. The business was founded by Tim
Sanderson, the firm’s former Chief Executive Officer and Chief Investment Officer, in October 2000
and was formed initially as a private limited company, although it reorganised to a Limited Liability
Partnership (“LLP”) in April 2013. Tim Sanderson retired from the business on March 31, 2022.
Sanderson Partners Ltd (“Sanderson Ltd”) owns a substantial majority (approx. 90%) of Sanderson’s
capital. The remaining capital has been contributed by Sanderson’s working partners. Silchester
Partners Limited (“Silchester”) holds a minority interest in Sanderson Ltd and further details on this
are provided under Item 10 below.
Sanderson would be happy to provide further information regarding its LLP reorganisation, its
ownership structure and direct or indirect beneficial owners.
Types of Investment Offered
Sanderson provides discretionary investment management services to its Clients and has only one
investment programme. Its investment objective is to achieve long-term growth by investing in a
diversified portfolio of publicly-traded equity securities of companies located in any country other
than the U.S. or Canada. To achieve its investment objective, Sanderson generally seeks to invest in a
portfolio of equity securities that, in its opinion, possess fundamental investment value. Further details
on Sanderson’s investment strategy are provided under Item 8 below.
Sanderson does not provide financial planning, quantitative planning or market timing services to
Clients and generally does not further customise or tailor its investment programme based on
individual Client needs.
Full Investment Discretion
As per the investment management agreement executed with all Clients, Sanderson accepts
discretionary authority to manage securities accounts on behalf of its Clients and underlying investors.
Other than as specified by the investment guidelines of Sanderson’s Funds, Sanderson has sole
authority to determine, without obtaining specific consent, the amount of and specific securities to be
bought and sold for each Client.