TOP GLOBAL VALUE MANAGER SARAH KETTERER IDENTIFIES SOME “OUTSTANDING” BEAR MARKET OPPORTUNITIES
Beauty is in the eye of the beholder, and it turns out the difference between a growth and value stock is too, with price as a key determinant.
Some of the darlings of last year and much of the prior decade have recently been rebalanced from growth to value by a major index provider. Such is the power of a bear market!
This week’s WEALTHTRACK guest is a well-known value manager known for her global and international investing. We’ll be joined by Sarah Ketterer, Chief Executive Officer of Causeway Capital Management. Ketterer will tell us why she believes we are entering a new investment era and discuss some of the “outstanding” investment opportunities being created in the process.
WEALTHTRACK Episode #1902 broadcast on July 08, 2022
Listen to the audio-only version here:
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SARAH KETTERER
- CEO, Co-Founder & Fundamental Portfolio Manager
- Causeway Capital Management
ACTION POINT
PREPARING FOR RECESSION
- Cut spending
- Pare expenses
- Revive frugal stay-at-home Covid lockdown strategies to preserve capital
Morningstar’s personal finance guru Christine Benz recommends:
- Set aside a healthy contingent of a portfolio in “… safer securities like cash and high-quality short- and intermediate-term bonds”
- Leave “more volatile assets in place to recover”
CLOSE TO RETIREMENT?
- Delay retiring
- Consider working part-time
- Delay portfolio withdrawals – Delay taking Social Security to get bigger benefits
ONE INVESTMENT
CONTINUING DEMAND
Buy Philips
Koninklijke Philips NV ADR (PHG)
STOCKS
Meta Platforms Inc (META)
Alphabet Inc (GOOGL)
Novartis AG ADR (NVS)
GlaxoSmithKline Pharmaceuticals (GLAXO)
AstraZeneca PLC ADR (AZN)
Roche Holding AG ADR (RHHBY)
Genpact Ltd (G)
SAP SE ADR (SAP)
Enel SpA ADR (ENLAY)
Koninklijke Philips NV ADR (PHG)
Unicredit SoA ADR (UNCRY)
Prudential PLC ADR (PUK)
ARCHIVE
Sarah Ketterer from the WEALTHTRACK archives:
WEB EXTRA
SYSTEMATIC ESG OUTPERFORMANCE
Before it was called ESG, Causeway Capital was paying attention to the environmental, social, and governance practices of companies. Co-founder and CEO Sarah Ketterer explains why it’s always been important and how the ESG movement has helped the firm systematize its approach to the benefit of performance.
