Brandes Investments: A Pioneer in Global Value Investing

What is Brandes Investments?

Brandes Investment Partners, L.P., is a leading investment advisory firm, specializing in managing global equity and fixed-income assets for clients worldwide. The firm was founded in 1974 by Charles Brandes, a disciple of Benjamin Graham, the father of value investing. Brandes Investments follows a fundamental, bottom-up process that aims to take advantage of market irrationality and short-term security mispricing by buying stocks and bonds that are undervalued based on their intrinsic value.

Why choose Brandes Investments?

Brandes Investments offers several advantages for investors who are looking for a long-term, value-oriented approach to investing:

• Consistency: Brandes Investments has a singular focus on value investing and does not chase the latest trends or fads. The firm has been applying the same investment philosophy and process for over four decades.
• Experience: Brandes Investments has a collaborative and seasoned team of investment professionals who conduct rigorous research and analysis on each security they consider. The firm also has a global perspective that helps them identify and evaluate opportunities across different regions, sectors, and market capitalizations.
• Independence: Brandes Investments is 100% employee-owned, which frees them from potential conflicts of interest and empowers them to focus squarely on their clients’ interests. The firm also has a strong culture of co-investment, as the team members maintain meaningful personal investments in the strategies they co-manage.
• Perspective: Brandes Investments is rooted in the Graham and Dodd investment principles, which emphasize the importance of margin of safety, diversification, and patience. The firm believes that human insight is essential for creating value for their clients and that market inefficiencies can be exploited by disciplined and independent thinking.

What are the products and services offered by Brandes Investments?

Brandes Investments offers a range of products and services for different types of clients, including individuals, advisors, institutions, mutual funds, and UCITS. The firm manages various strategies that cover global, international, emerging markets, US, and fixed income asset classes. Some of the flagship strategies include:

• Brandes Global Equity Fund: A diversified portfolio of undervalued companies from developed and emerging markets that seeks to provide long-term capital appreciation.
• Brandes International Small Cap Equity Fund: A concentrated portfolio of undervalued small-cap companies from outside the US that seeks to provide long-term capital appreciation.
• Brandes Emerging Markets Value Fund: A diversified portfolio of undervalued companies from emerging markets that seeks to provide long-term capital appreciation.
• Brandes US Value Fund: A diversified portfolio of undervalued companies from the US that seeks to provide long-term capital appreciation.
• Brandes Global Opportunities Value Fund: A flexible portfolio of undervalued companies from any region, sector, or market cap that seeks to provide long-term capital appreciation.

Conclusion

Brandes Investments is a pioneer in global value investing that has been delivering consistent and superior results for its clients since 1974. The firm follows a fundamental, bottom-up process that aims to find undervalued securities with attractive risk-reward profiles. The firm offers a range of products and services for different types of clients, covering various asset classes and regions. For investors who are looking for a long-term, value-oriented approach to investing, Brandes Investments may be an ideal partner.