Stewardship and engagement
We are not ESG evangelists but as fundamental long-term investors, we consider it a sensible part of company analysis to assess corporate governance, as well as the management of social and environmental issues. This forms a part of our risk assessment of business fundamentals. We believe that ignoring ESG factors may lead to an incomplete understanding of the risks to an investment case, and may consequently result in the wrong investment decisions.
Our investment strategies
The firm manages several types of equity portfolio: global (including International All Cap Select Equities), global equity income, global smaller companies, and emerging markets. The strategies share the same investment philosophy based on contrarian bottom up stock selection and patience.
The Oldfield Partners team
Our investment team brings together decades of collective experience in value investing, consistently applied during market cycles. Our culture is investment-led and summed up in a few words: collegiate, supportive, founded on intellectual curiosity and focussed on long term results.
The fourth largest country by population has just held its General Election, which has barely made a ripple across global headlines. Associate Portfolio Manager Charles Sunnucks looks into the Indonesian ascent, its recent election and the investment opportunities with this often-overlooked market.
A frog when thrown into boiling water will jump straight out; however, if placed in the pot at room temperature, the frog will be heated up gradually and will end up being boiled alive, so the metaphor goes. We believe this can be extended to markets, and 1999/2000 saw valuations boil to extremes.