Value team

Global Value Equity Strategy

A high conviction portfolio with persistent value bias

Strategy overview

Investment Approach
Pragmatic - the 'value' opportunity set changes over time, we move with it

Investment Opportunity
Mispriced assets with sustainable earnings recovery potential

Investment Universe
Liquid global equity

Target Return
Outperform the performance comparison index (net of fees) over a full market cycle

Alessandro Dicorrado
Portfolio Manager

The role the strategy can play in portfolios

Exposure to value stocks

Provides exposure to high conviction, mispriced stocks with potential to maximise long-term capital growth

Diversification

Investment process aims to provide exposure that is distinct from the index

Long-term horizon

Average holding period of 3-5 years

Manage ESG risk

ESG integrated throughout the investment process to help mitigate ESG risk

Investment Philosophy

01

The best investments are made when buying a growing stream of cashflows at a cheap price. The focus on cheapness keeps our style signature consistently 'value'

02

Investors should look for significant mispricing compared to conservatively assessed intrinsic value. We do not solely rely on re-rating to build our investment case

03

The reasons for cheapness differ over time, and so does its location. Pragmatism and nimbleness are important

04

If our research is correct, ultimately the market will recognise the value of our investments because the fundamentals will 'force' it to do so

Performance

Portfolio & Holdings

Date as of 30/04/2026
Strategy
Index
United States
32.9
United Kingdom
29
Europe ex UK
23.4
Emerging Markets
14.1
Far East ex Japan
Japan
Other
Cash and Bonds
0.6
Based on a related portfolio within the strategy with substantially similar objectives, policies and strategies as those of the services being offered. The portfolio may change significantly over a short space of time. This is not a buy, sell or hold recommendation for any particular security. For further information on Indices and Specific Portfolio Names, please reference the sections here.

Why Ninety One for Global Value Equity Strategy

01

Managed by a focused, experienced value team, who are relentless investigators

02

Underpinned by an authentic value approach

03

Our investment culture strikes a careful balance between extremes: conviction and humility, optimism and caution, urgency and patience and process and creativity

Strategy literature

Key facts

  • Asset Subclass

    Global Equity

  • Currency

    GBP

  • Inception date

    01/01/2008

  • Team

    Value team

  • Geographical Focus

    Global

  • ESG Classification

    ESG Integration

  • Comparative Benchmark

    MSCI AC World NDR (pre Oct-11, MSCI World NDR)

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Any decision to invest in the Strategy described should be made after reviewing the offering document and conducting such investigation as an investor deems necessary and consulting its own legal, accounting and tax advisors in order to make an independent determination of suitability and consequences of such an investment. This material does not purport to be a complete summary of all the risks associated with this Strategy. A description of risks associated with the Strategy can be found in the relevant offering or other disclosure documents where applicable. Copies of such documents are available upon request.

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