The Value Perspective

The Value Perspective with Anthony Cheung

This week on the Value Perspective, we’re joined by Anthony Cheung, the Chief Content and Culture Officer at AmplifyME. AmplifyME provides financial simulations in markets, banking and technology while partnering with universities to enhance finance programmes and with financial institutions to recruit and upskill their graduate talent. Anthony is also the cohost of the Market Maker podcast. We sat down with Anthony to discuss: how he balances his research with short-term market noise; the question, would turning off the noise improve market outcomes; the role of artificial intelligence in modern markets and its impact on access to various strategies; how to cultivate a growth mindset so you can improve and execute in the context of markets; and finally, can resilience be learned. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective with Django Davidson

This week, we're joined by Django Davidson from Hosking Partners. Django Davidson is a portfolio manager and a founding partner at Hosking Partners. After graduating from the University of Oxford, where he studied geography, Django joined Deutsche Bank and became a director at just 27 years old. Influenced by reading Berkshire Hathaway and Buffett partnership letters, Django transitioned to the buy-side, first joining Algebris before helping Jeremy Hosking establish Hosking Partners in 2013. Today, Hosking Partners manages approximately six billion in assets. In this episode, Juan and Andrew Williams chat with Django about his journey and the history behind Hosking Partners, the power of the capital cycles framework, how the framework addresses human biases and decision making, using the capital cycle mindset for value investing in active versus passive strategies, and finally, market environment considerations over the last five years.

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

The Value Perspective with Cole Smead

This week on the Value Perspective, we’re joined by Cole Smead, the CEO and portfolio manager at Smead Capital. We recently caught up with Cole at the London Value Investor Conference. Smead Capital advises investors on building wealth through a low turnover value-focused approach. Cole is also the host of the podcast A Book with Legs, so be sure to add that to your listening list. In this episode we discuss: Cole’s journey with Smead Capital; how the firm’s checklist processes human biases and integrates them into their investment philosophy; the importance of communication in client engagement and how they ease investors’ concerns when it comes to difficult sectors; whether the shift towards passive investing has made markets less efficient; and finally, the business of running a value boutique like Smead Capital. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective with Chris Pavese

We’re delighted to be joined by Chris Pavese for this episode of our Allocator’s Edge mini-series. Chris is the CEO and CIO of Broyhill Asset Management, a spin-off from the Broyhill family office. Chris is also the founder of the Broyhill book club. If you’re curious about the firm and the family, their website is a treasure trove of information. Chris is the perfect guest to provide a masterclass on family offices: what they are; and how they operate from an investment perspective. Before joining Broyhill, Chris worked for JP Morgan Private Bank, where he managed over $1 billion in discretionary assets for high-net-worth individuals, trusts, endowments and foundations. He was also an active member of JP Morgan’s trust investment committee, where he assisted in the construction of portfolios and monitoring the bank’s fiduciary relationships. He is a CFA charter holder and past President of the Board of the CFA Institute’s North Carolina Society. In this episode we cover: what a family office is and whether a family office is the ultimate institutional investor; how Chris looks at the investment landscape and the interaction between inflation and interest rates; how the Broyhill family thinks about performance; how the family’s entrepreneurial DNA survived over time and how this translates to how they think about investments within the family office and finally; what is the time horizon of the family office. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective with Stephen Lezac

In this episode of the ESG mini-series of the Value Perspective, we’re joined by Stephen Lezac, a senior leader at OxCarbon, a startup spun out of Oxford University in 2021. OxCarbon focuses on bringing transparency and solving issues around carbon credit offsets through a principles’ driven approach and academic peer review. Stephen, who leads OxCarbon’s carbon accounting team is also a PhD candidate at Cambridge, a researcher at the Oxford University Centre for the Environment, a Fellow at the Rocky Mountain Institute, and is a mentor for the non-profit youth group Post 58, which makes the outdoors accessible for underserved youth. He splits his time between Alaska and Cambridge. In this episode we discuss: the role of carbon offsets in decarbonising the world; the importance of concepts such as additionality, permanence, and leakage; challenges for transparency and accounting assumptions; the uncertainty in measurement and OxCarbon’s efforts to address it; and finally, new models being developed to replace carbon credits. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective with Kelly Prior and Scott Spencer

This week as part of the Allocator’s Edge mini-series of the Value Perspective, we have a masterclass in fund selection with two of the UK’s top fund selectors, Kelly Prior and Scott Spencer. With decades of experience, Kelly and Scott bring a wealth of knowledge from their roles at Columbia Threadneedle, BMO Global Asset Management and Credit Suisse. Together they offer over 45 years’ of expertise in fund research and portfolio management. In this episode, we: dive into the ABCs of fund selection; assessing new strategies; building a portfolio; the cardinal sins of fund selection; and finally, differentiating between confidence and arrogance in a fund manager. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

The Value Perspective with Luca Dellanna

This week on the Value Perspective we welcome author and consultant Luca Dellanna as our guest.  Luca is the author of 10 books, but his latest on the topic of ergodicity has really caught our attention. Ergodicity is a revolutionary concept that challenges traditional thinking. It posits that by focusing on maximising short-term outcomes, we can ensure long-term success. Luca’s book breaks down this complex idea into an accessible and understandable format. Ergodicity is fundamentally about the impact of time on our decisions. Imagine deciding whether to invest all of your money in a high-risk stock that could either soar by 500% or plummet to zero. Ergodicity helps you to navigate such decisions and often leads to a profound shift in how we think about risk and reward. In this episode we discuss: why ergodicity is so difficult to understand and how it could be rebranded; why do we often forget about survival bias, even though we understand it; the pros and cons of Monte Carlo modelling; and finally, issues with other concepts like skin in the game. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

The Value Perspective with Joe McDonnell

In this episode of our Allocator’s Edge mini-series we’re joined by Joe McDonnell, the CIO of Border to Coast Pensions Partnership, one of the UK’s largest pension pools. Joe’s career began in the 1990s on the sell side when he honed his skills and expertise in equities, derivatives and fixed income. He then spent a decade managing retirement funds for IBM and Shell, deepening his asset allocation knowledge. Joe then moved into asset management with roles at Morgan Stanley and Neuberger Berman before taking up his current role. In this episode, we discuss, what Border to Coast is; the impact of Joe’s experience with IBM and Shell; the main objectives of Border to Coast; managing stakeholder relationships for optimal investor outcomes; the balance between using external investment managers and in-house investment capabilities; and finally, facilitating decision making as a CIO across different teams. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective London Value Investment Conference Quilt

This week we have a special live episode, recorded at the recent London Value Investment Conference. This annual event attracts Value investors from around the world to discuss and present on this investing style. The Value Perspective’s Juan Torres Rodriguez and Vera German opened this year’s conference with a discussion on emerging markets. In this episode we catch up with eleven attendees, including some familiar guests from previous episodes of the Value Perspective. We discuss the current state of the market, the future of value investing, the stocks they pitch, their firms, and more. We feature chats with Cole Smead from Smead Capital, Alex Roepers from Atlantic Investment Management, Simon Gergel from Allianz Global Investors, Sarah Ketterer from Causeway Capital Management, Jacob Mitchell from Antipodes Partners, Sean Peche from Ranmore, Andrew Fargus from Vintage Asset Management, Simon Evan-Cook from Downing Fund Managers, Django Davidson from Hosking Partners, Andrew McDermott from Mission Value Partners, and finally, Richard Oldfield. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

 

The Value Perspective with Sonja Laud

In this episode in our Allocator’s Edge series of the Value Perspective, we’re joined by Sonja Laud. Sonja is Chief Investment Officer (CIO) at Legal & General Investment Management (LGIM) where she leads the firm’s entire Investment and Trading teams, setting the firm’s Investment strategy, with a focus on leading LGIM’s responsible investment efforts. Before joining LGIM, Sonja held a range of senior positions at Fidelity International, Barings, Schroders and DWS. In this episode we discuss: identifying the best asset classes in today’s market; the role of alternatives and cash in asset allocation and diversification; evaluating the place of gold in the current financial landscape; managing concentration risk in a world dominated by a few stocks and narratives; and finally, the evolving role of sustainability in today’s markets. Enjoy!

NEW EPISODES:

We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

Marketing material for Financial Professionals and Professional Clients only.  The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations.  Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. 

Past Performance is not a guide to future performance and may not be repeated.  Diversification cannot ensure profits or protect against loss of principal.  The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. 

Exchange rate changes may cause the value of investments to fall as well as rise.  Investing in emerging markets and securities with limited liquidity can expose investors to greater risk.  Private assets investments are only available to Qualified Investors, who are sophisticated enough to understand the risk associated with these investments.  This material may contain “forward-looking” information, such as forecasts or projections. Please note that any such information is not a guarantee of any future performance and there is no assurance that any forecast or projection will be realised. 

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. The views and opinions contained herein are those of the individuals to whom they are attributed and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds.  Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.