How To Invest

Searching for Hidden Value


Opportunities in equities arise from investing in stocks directly exposed to specific themes or indirectly benefiting from the same.

Equity investments could range from larger capitalisation stocks to very small niche companies uncovered by conventional analysts.

Equities can offer both financial and operational leverage, without margin leverage.


Investing in actively managed funds could provide the opportunity to gain exposure to certain themes.

However, there are few funds available for unconventional themes, and management costs can be a factor.


The proliferation of ETFs, and related instruments (such as ETNs and ETCs) means that these can be a good way to obtain passive exposure.

However, ETFs are typically ‘dumb money’ in that they are usually market-capitalisation weighted and so take no account of valuation opportunities found in individual equities.


Typically futures and/or options, these can offer highly margin-leveraged exposure to certain themes.

However, they carry additional risk, including volatility, term structure, time value, and liquidity, that requires an additional level of analysis on top of theme selection, and are often not suitable for private investors.


Proxies can be used to gain direct or indirect exposure to specific themes.

However, although typically at the lower-risk end of available instrumentes, these tend not to offer either financial or operational leverage and so can significantly reduce potential returns.

Some of the best asymmetric investment opportunities around, researched and curated for you.

Important Disclaimer: The data and views provided on this website are for information or educational purposes only. The content is not intended to be a recommendation or solicitation of any kind to buy or sell any asset, instrument, or product, or to adopt any investment idea, strategy, or thesis. Any information provided does not take into account any individual’s knowledge and experience, personal financial circumstances, risk capacity and appetite, or investment aims and objectives. Any investment made or action taken on the basis of any information on this website is taken solely at the risk and responsibility of the investor. The value of your investments, and any income derived from them, may go down as well as up. You may not get back all the money that you invest. If in any doubt, you should seek independent advice from a qualified investment or financial adviser. Discovery Assets is not regulated by the Financial Conduct Authority, or any other regulatory body in another jurisdiction, and does not offer regulated services.