The Global Value strategy exploits market mispricings by applying a consistent investment process centered on a balanced assessment of return and risk. We seek to invest in stocks across the market cap spectrum. We emphasize companies with sustainable cash flows, strong balance sheets, and valuations that are attractive relative to tangible assets and long-term normal earnings power. Portfolio construction is based on rigorous, independent research and bottom-up security selection.
What to Expect
- Diversified exposure to undervalued equities across the globe
- Price-to-normal earnings lower than the benchmark
- Active management unconstrained by the benchmark
- Thoroughly researched ideas vetted by an experienced team of 21 investment analysts
Read more about the global value strategy
As of 12/31/2013
|Asset Class||Global Equity|
|Strategy Assets (millions)||$171|
|Number of Stocks||40 – 80|
|Typical Market Cap Range||>$1 billion|
|Emerging Markets Exposure||<20%|
|Currency Hedging||Generally unhedged|
|Status||Open to new investors|
We employ a team approach to investing. As such, our clients benefit from the input and contribution of every member of our 21-person investment team. In addition to our Portfolio Coordinators, our sector teams play an important role in determining the positioning of your investment strategy.