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 five types of equity portfolio: global (including EAFE), 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.
While the US is too big to ignore and has many advantages, it has now been over a decade of consistent outperformance. Valuations in America, when compared with the rest of the world, are at an extreme.
The latest quarterly commentary from Oldfield Partners, in which our founder Richard Oldfield comments on a suspicion that we hardly dare whisper...
24 August 2022
Richard Oldfield is a true value investor. Author of the delightful commonsense investing book, Simple but not easy, here he recites several wonderful anecdotes from his long experience as a value investor. Richard has an innate belief in the cyclical nature of markets and the madness of crowds.