Value investing

Value investing is the art of buying stocks which trade at a significant discount to their intrinsic value. Value investors achieve this by looking for companies on cheap valuation metrics, typically low multiples of their profits or assets, for reasons which are not justified over the longer term. This approach requires a contrarian mindset and a long term investment horizon. Over the last 100 years, a value investment strategy has a consistent history of outperforming index returns across multiple equity markets. 

 

The team    

We are a team investment professionals who work together on the Equities desk in the Value Investment team at Schroders. Over the past decade we have implemented a value investment strategy, a contrarian and proven apprach to investing. The value investment team is responsible for over £12.3bn assets (as at 31 December 2019), managed in a disciplined value style.

• Kevin Murphy, Fund Manager, Equity Value
• Nick Kirrage, Fund Manager, Equity Value
• Simon Adler, Fund Manager, Equity Value
• Andrew Williams, Investment Specialist, Equity Value
• Andrew Evans, Fund Manager, Equity Value
• Juan Torres Rodriguez, Fund Analyst, Equity Value
• Roberta Barr, Research Analyst, Equity Value

Equity value funds

We run six funds across three major geographies targeting income and/or capital growth through a distinct value approach. 

• Schroder Income Fund
• Schroder Recovery Fund
• Schroder ISF Global Recovery
• Schroder Global Recovery Fund
• Schroder Global Equity Income Fund
• Schroder ISF Global Equity Yield
• Schroder ISF European Equity Yield
• Schroder ISF European Value Fund

 

What are the risks?

Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Some funds invest solely in the companies of, or in property located in, one country or region. This can carry more risk than investments spread over a number of countries or regions. Investments in smaller companies can be less liquid than investments in larger companies and price swings may therefore be greater than in larger company funds. Investors in the emerging markets and the Far East should be aware that this involves a high degree of risk and should be seen as long term in nature. Exchange rates may cause the value of investments denominated in currencies other than sterling, and the income from them, to rise or fall.