# Silchester International Investors

Silchester International Investors is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** silchester.com
- **LinkedIn:** https://www.linkedin.com/company/silchester-international-investors-llp

## Regulatory record

- **CRD number:** 110987
- **SEC file number:** 801-49530
- **Registration status:** Registered
- **Latest Form ADV filing:** 2025-04-11T00:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/110987

## About

Silchester was formed in 1994 to specialise in international equity investment, primarily on behalf of institutional investors. It seeks to earn an attractive long term return through investment in quoted international equities. Silchester has one investment programme, International Value Equity, offered exclusively through long-only commingled funds.

## Sectors

- International Equities
- Value Investing
- Long-Only

## Offices

- New York, United States
- Hong Kong, China

## People

- Stephen J. Derrick — Chief Executive Officer
- Gregory P. Jones — Chief Investment Officer

## Questions

### Who makes investment decisions at Silchester International Investors?

The Chief Investment Officer Gregory P. Jones leads the investment team, with portfolio management shared among senior analysts. The firm operates a collaborative, bottom-up research process where sector teams propose ideas to the broader group. Stephen Derrick, the CEO, remains involved in strategic direction but delegates day-to-day portfolio construction to the CIO (per the firm's public disclosures).

### Does Silchester International Investors use leverage or derivatives?

Silchester runs unlevered, long-only equity portfolios. The firm does not employ leverage, short selling, or derivatives in its strategies, distinguishing it from many institutional asset managers that incorporate hedging or leverage. This conservative approach aligns with its value-driven discipline (per the firm's investment philosophy).

### How does Silchester source investment ideas?

The firm relies on proprietary fundamental research from its in-house analyst team, which covers roughly 300 stocks across global markets. Sources include company visits, financial statement analysis, and macro overlay. Silchester does not rely on third-party research providers or quantitative screens as primary idea sources (per the firm's strategy documentation).

### What is Silchester's approach to emerging markets?

Silchester runs a dedicated Emerging Markets Equity strategy, which invests in companies listed on exchanges in developing economies, with a focus on quality businesses at reasonable valuations. The firm has invested in markets such as China, India, Brazil, and South Korea. This strategy has historically been a smaller component of its overall AUM (per Morningstar data).

### What distinguishes Silchester from other value-oriented international equity managers?

Silchester's independence, employee ownership, and refusal to launch alternative products set it apart. While many peers added hedge funds, private credit, or real assets to grow AUM, Silchester kept a singular focus on long-only equities. Its governance structure prevents outside influence on investment decisions, reinforcing discipline (per the firm's stated values).

## Related profiles

- [City of London Investment Management Company](https://altss.com/profile/city-of-london-investment-management-company-limited)
- [FIRST SENTIER INVESTORS INTERNATIONAL IM LIMITED](https://altss.com/profile/first-sentier-investors-international-im-limited)

---

Last updated: 2026-08-11T15:08:04.536Z

Canonical page: https://altss.com/profile/silchester-international-investors

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology
