Ancora seeks to invest in companies participating in industries with attractive prospects and business fundamentals. Ancora’s portfolio managers and analysts seek to understand the competitive positioning of the company under consideration with a view toward long-term franchise value and management reputation.

We seek to invest in companies participating in large, growing markets. Industries that engender the building of sustainable franchise value, barriers to entry, and high margins are favored. These may result from consumer brand value, a differentiated product, oligopolistic market dynamics or a superior cost structure, among other factors. Many of these companies will have sizable recurring revenues attached to long-term customer relationships.

Ancora’s investment staff formulates viewpoints in part by conducting interviews with industry insiders, including customers and competitors. We seek feedback on key qualitative data points from these interviews, including the strength and sustainability of the company's customer relationships, the company and management team's reputation in the business community and the quality of the company's products or services.