The Barrow Hanley Global Share Fund has been awarded a “4 IP” rating from Research IP with a score of 4.07/5.
The Barrow Hanley Global Share Fund (“the Fund”) aims to provide investors with long-term capital growth through investment in quality global shares.
Perpetual Investment Management Limited has appointed specialist investment manager Barrow, Hanley, Mewhinney & Strauss, LLC (‘Barrow Hanley’) to manage the Fund. Barrow Hanley strives to achieve the Fund’s investment objectives by adopting a value-oriented, bottom-up investment process focused on in-depth fundamental research to identify companies that trade below their intrinsic value for reasons that they can identify, believe are temporary and have a clearly identified path to achieving fair value.
What is the Fund’s competitive advantage?
Qualitative Research Report and Data Tear Sheet
Research IP says
“The team’s sole focus in the equity space is value investing. The Manager has developed a repeatable investment process since 1979. The Manager has been persistent and over time has developed a lengthy institutional memory. A stable process gives clients stability in their expectations of how the strategy fits within their own portfolios.”
“Research IP highlights the alignment between Perpetual’s value-focussed approach to equity investing in Australian equities with that of the underlying manager, Barrow Hanley. Perpetual employs a similar value investment philosophy across other equity offerings in the Australian market.”
“Research IP believes the Manager has a strong platform to enable consistent analysis of fundamentals. It is a measured approach with evidence of their sharp focus on risk characteristics at the stock level. The Manager demonstrates their commitment to fundamental analysis through the large number of staff in research, analyst, and portfolio manager roles (41 investment professionals within equity management, including 25 CFA charterholders). The team are able to discuss and debate any relevant issues at the daily research meetings.”
“The portfolio of 50-70 stocks is constructed based on conviction and risk reward profile, managed within boundaries defined by position size, sector, and country to help control risk, with ≤5% cash.”
Research IP, 24 April 2024
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Disclaimer, Disclosures and Warnings
Research IP strongly recommends this document and report be read in conjunction with the relevant Product Disclosure Statement. Research IP gives no warranty of accuracy or completeness of information in this document. Any information, opinions, views or recommendations are general information only and do not take into consideration any person’s particular financial situation or goals and therefore does not constitute financial advice. This document should not be relied upon as a substitute for financial advice from your financial adviser.
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