Schroders: Where We are Finding Value

We take a whistle-stop tour of the world and find out where Schroders' global value team is finding turnaround stocks other fund managers are shunning

David Brenchley 18 October, 2018 | 12:26PM

Balfour Beatty engineer, value stocks, Schroder Recovery, stock and shares, Carillion, retailers

Schroders prides itself on its value stock picking skills - but its multi-manager team, led by Marcus Brookes, called the trend too early when it repositioned portfolios that way a few years ago. The MSCI World Growth index outpacing the MSCI World Value index 32.5% to 15.9% over a three-year period.

However, Brookes is sticking with his call, and took confidence from last week’s market correction that when the switch back to value comes, it will happen quickly. In the month to 17 October, MSCI World Value is down just 3.1%, compared to MSCI World Growth’s -5.5%.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Balfour Beatty PLC286.00 GBP0.00
Buckle Inc24.94 USD0.00
Dillard's Inc Class A64.34 USD0.00
Intesa Sanpaolo2.60 EUR0.00
Schroder Recovery Z Acc112.51 GBP0.90
Schroder UK Alpha Plus Z Acc92.30 GBP0.76
Standard Chartered PLC626.20 GBP0.00
The Royal Bank of Scotland Group PLC206.00 GBP0.00
UniCredit SpA14.13 EUR0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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