Describing himself as a ‘humble stock picker’, Dougal is one of the country’s leading proponents of value investing and currently heads Maple-Brown Abbott’s Australian Value Equities team. Aligned with the Maple-Brown Abbott investment philosophy, he believes price and value of a company are often not the same and when greed and fear drive a wedge between them, that is when opportunities for investing in quality, but undervalued, companies occur. At the heart of this philosophy is his approach to stock selection, which is driven by in-depth analysis from his investment team, using a bottom-up research process to maximise the opportunities to deliver income and long-term capital growth to investors.