Research Assistant
- Employer
- International Value Advisers, LLC
- Location
- New York City, New York
- Salary
- Salary commensurate with experience.
- Closing date
- Feb 28, 2019
View more
- Job Function
- Equities Research: Buy Side
- Industry Sector
- Asset Management
- Employment Type
- Full Time
- Education
- Bachelors
Job Details
Research Assistant:
The research assistant will support the investment team by ensuring company and industry information is easily accessible.
Primary Responsibilities:
- Create and maintain financial data in spreadsheets sourced from regulatory company filings
- Retrieve and maintain electronic documents related to company financial filings, corporate presentations, conference calls, etc.
- Assist analysts in sourcing and gathering data for ad hoc projects used for company and industry analysis
- Build, maintain and monitor spreadsheets that track a wide range of companies’ financial characteristics
- Assist in any administrative duties for the team as requested
Basic Qualifications:
- Bachelor’s degree
- 2 years of relevant experience
- Proficiency working with Excel and Bloomberg
- Effective verbal and written communication skills
Company
International Value Advisers, LLC (IVA) was formed in October 2007 for the purpose of offering investment management services to institutions, qualified high net worth individuals, and financial intermediaries worldwide. The firm is a Registered Investment Adviser with the U.S. Securities and Exchange Commission.
At IVA, our focus is to attempt to deliver absolute returns for our clients while at the same time preserving their capital. The key elements of our investment philosophy are:
- A search for fundamental (as opposed to relative) value
- Stock picking based upon rigorous, in-house research
- Flexible, "go anywhere" approach to investing with a diverse asset class, geographic and capitalization mix
Strategy
International Value Advisers, LLC (IVA) will seek long-term growth of capital by investing in a range of securities and asset classes from markets around the world. Over the short-term (12-18 months), our attempt is to try to preserve capital, while over the longer-term (5-10 years, i.e., over a full economic cycle), we seek to outperform equity indices. We are absolute return oriented investors.
Investment Approach
We employ a fundamental, bottom-up approach and have a preference for quality businesses with securities trading at what we believe to be a meaningful discount to our intrinsic value estimate. We define intrinsic value as "the amount that a knowledgeable investor or corporate competitor would pay - in cash - for 100% of the economic and controlling interests of a company.” A security is deemed attractive if there is a suitable margin of safety, meaning that the market price of a security is trading at a meaningful discount to its intrinsic value estimate. The size of the discount required and the position size is determined by the following criteria: quality of business, quality of balance sheet, quality of capital allocation, ability for intrinsic value growth, quality of management, liquidity/free float, dividend payout, and concentration/quality of shareholders.
Additionally, we employ a flexible approach, which may include securities across all asset classes (equities, fixed income, gold, cash) and securities throughout the capitalization spectrum (small, mid, large caps).
We believe that this investment approach emphasizes capital preservation while still providing the capacity to outperform equity indices over the long term.
IVA’s computation of a company’s intrinsic value is based on internally generated assumptions and opinions of key variables affecting the company’s business. These variables may materially influence the assessed intrinsic value and perceived margin of safety to the internally calculated intrinsic value. Variables used in the computations are the opinion of IVA and may change without notice at any time.
- Website
- http://www.ivafunds.com/
- Telephone
- 212-324-2467
- Location
-
717 5th Avenue
10th Floor
New York
NY
10022
US
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