Michael Vallely

Cordis Asset Management is a boutique Australian fund manager investing in the companies which design and manufacture medical devices to treat chronic disease. Cordis provides access to the high quality and fast growing medtech market with daily liquidity. The Fund's ideation came from hospital operating theatres, rather than a Wall St trading floor, providing us with inimitable medtech insights which continue to provide our sustainable competitive advantage today. We have built our circle of competence around investing in the secular tailwinds driving the medical technology industry. We invest in our best ideas for the long-term because we believe we are still in the early stages of a long-term structural trend.