Our favourite non-core fundsBrandes Investment Partners’ emerging markets committee applies the same deep-value philosophy used across all Brandes equity funds. The strategy focuses on buying stocks at large discounts to estimated intrinsic value to provide a margin of safety, which has helped provide downside protection compared to other emerging market funds.
Our favourite core fundsYou typically don’t see many true-blue value investors focused on Canadian stocks, but manager Kim Shannon is an exception to the rule. Her focus on stocks with defensive traits has led to below-average losses in down markets.
Bridgehouse Doubles Commitment to Scholarship in Third Year of Award-Winning ProgramThe award-winning Bridgehouse Scholarship Program (previously the Brandes Scholarship Program) kicks off its third year, awarding 10 Canadian students who demonstrate insights and investor knowledge with tuition scholarships. This year’s award value has been doubled to $2,000 per student.
IEX Welcomes High-Speed Traders, as Long as They BehaveIEX aims to level the playing field for investors by curbing the pace of buying and selling — eliminating opportunities for the fastest firms to trade in front of slower ones. Only money managers such as Brandes Investment Partners, David Einhorn’s Greenlight Capital Inc. and Bill Ackman’s Pershing Square Capital Management LP are owners.
Invest like a legend: Charles BrandesThe author of the widely read Value Investing Today, first published in 1989, regards investing as a long-term proposition. Anything else is just speculating
European energy equities in favourValue investing good for medium term, says Brandes Investment Partners.
Looking for value in sideways marketsKim Shannon, head of Sionna Investment Managers, recently published a book on her investment process and discipline. Here the former Morningstar Manager of the Year discusses the challenge of finding value in “sideways” markets:.