Formula Growth Limited (“FG”) is a 100% employee owned, independent boutique investment advisor. Founded in 1960 by John Dobson, FG quickly became known for its successful track record of bottom-up growth stock investing with the original long-only product, the Formula Growth Fund (FGF). Initially catering to high net worth individuals, FG began managing institutional assets in February of 1976 with the creation of a second product called the Formula Unit Trust which focused strictly on U.S. growth stocks.
Recognizing the volatility and limitations inherent in long-only growth stock investing, the Formula Growth Hedge Fund (FGHF), a U.S. equity long/short platform, was launched in December of 2002. This new strategy allowed FG to increase its portfolio management capabilities and flexibility by adding a variety of new tools such as heightened risk management, short selling and variable market exposure. Further to its success with the FGHF, the global equity long/short Formula Growth Global Opportunities Fund (GOF) was launched in January of 2009. This strategy builds on the core long/short experience FG has built over the years by focusing on growing companies based in or benefiting from the rise of the Asia Pacific region.
During 2011, FG conceived and developed the Alpha platform with the launch of the FG Alpha II and IV funds. These strategies are directionally capped equity long/short funds designed for institutional investors pursuing lower volatility or leveraged investment strategies.
FG has been established in Montreal since 1960 and today has research offices based in New York City and Hong Kong. These international research offices have increased our research positioning in the global markets significantly. FG has also established in 2010 an advisory partnership with the Hong Kong based firm, the PheonixInvest Group Ltd led by James Soutar. This relationship provides our research team, among other benefits, access to a local office and an established network of buy and sell-side professionals in the Asia-Pacific region.