Schroder Global Recovery Fund upgraded to ‘Recommended’ by Lonsec

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Schroders’ global equity strategy, which was launched in 2017 and adopts a pure value-driven approach, has been upgraded to ‘Recommended’ by research firm, Lonsec.

Lonsec identified the “differentiated, highly unconstrained, contrarian investment philosophy that employs a patient, disciplined investment process” as a key strength.

The Schroder Global Recovery Fund is a benchmark-unconstrained strategy, focusing on global companies that exhibit classic recovery characteristics — stocks that trade on low multiples of recoverable profits, with good long-term prospects. From a sector perspective, the fund is well diversified.

Schroders’ Head of Sales, Ray Macken said: “We are delighted that Lonsec has recognised and valued the unique approach of the Schroder Global Recovery team. In a climate of lower interest rates, investors should consider funds in their portfolio that have the potential to deliver higher performance over the longer term. By seeking out cheap businesses with sensible balance sheets, and by refusing to succumb to the current market’s animal spirits, the Global Recovery team is confident it can deliver on precisely that client need.”

Nick Kirrage, Co-Head of the Global Value team in London, said: “With more than 90% of the market tilted to growth, most investors don’t even realise how biased their portfolios are. If clients want value exposure, there are actually very few ‘true to label’ managers practising value investing today.”

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