The world’s greatest investors: Angus Tulloch

Angus Tulloch's strategy was simple but effective: buy well-run firms in industries with barriers to entry that are generating strong returns on capital.

Trader watching stocks go up
(Image credit: Caroline Purser)

Angus Tulloch, who was born in Scotland in 1949, bought his first stock at the age of ten. But he didn't enter the investment business immediately: after studying economics and history at Cambridge he did a variety of jobs, including working as an accountant for the National Bus Company. In 1980 he joined stockbrokers Cazenove and moved to Hong Kong. In 1988 he moved back to Scotland to work for wealth management firm Stewart Ivory (now Stewart Investors). By 1992 he helped set up their emerging-markets business, launching several funds and trusts, most notably the Stewart Investors Asia Pacific Leaders fund, which he managed between December 2003 and July 2016. He retired last year.

What was his strategy?

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri