| Two of the world’s top fund managers at the #InvestecWealth Forum share the sectors and countries that they’re investing in. Get all forum insights here: invest.ec/2wWpkwK
Growth vs value investing is one of the enduring debates within the investment field. Investec Wealth & Investment was privileged to host two of the leading exponents of the two schools of investing at the recent Investec Wealth Forum, Sunil Thakor and Dave Iben.
Sunil Thakor, Managing Director, Sands Capital Asset Management, is a true growth investor, scouring the world for opportunities in the most unlikely of places.
Dave Iben, Chief Investment Officer, Kopernik Global Investors, was voted the “Top Performing Global Equity Manager, 2016”. A true value investor, Dave doesn’t believe in over paying for any stocks.
Both part of a group of 18 exceptional investment managers in Investec’s World Axis Fund range – a global multi-manager fund offering that aims to deliver consistent, risk-adjusted returns to investors.
Highlights include:
• Both fund managers hold the view that the US market is too expensive and there are better opportunities to be found around the world, with emerging markets making up 30% of both fund managers’ investments.
• The trend of passive investing is resulting in investors following the pack, without doing enough of their own analysis, resulting in indices that aren’t reflective of the market.
• How to find opportunities in the resources and technology sectors
Here’s a breakdown of what topics are discussed when in this video:
• 00:09: Dave Iben on why the “US is a great place to live, but a terrible place to invest”
• 01:20: Value vs growth investing – what Dave Iben and Sunil Thakor have no stocks in common
• 02:22: Dave Iben on why indexes are no longer representative of the market
• 03:40: What constitutes risk for value and growth investors? Volatility doesn’t matter if you have a long-term investment framework
• 04:21: Sunil Thakor: “I’m not diversifying when I own 100, 200, 300 stocks, I’m diworsifying”.
• 05:5: Dave Iben on how emerging markets “offer growth and value in the same place”
• 06:00: Dave Iben on why 14% of his 30% ownership in emerging markets is in Russia
• 06:50: Sunil Thakor on why India is a fascinating investment destination for a growth investor
• 07:48: Sunil Thakor on why 30% of his portfolio is in technology and what investors should look for in tech
• 08:38: Dave Iben talks about why 40% of his portfolio is invested in resources
Get more insights and videos from the Investec Wealth Forum here: http://invest.ec/2wWpkwK |
