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Latin American Strategy

The Latin American equity strategy aims to achieve capital growth by investing in a concentrated portfolio of high-quality Latin American growth companies. The strategy seeks high absolute returns over the long term and minimises the level of long term risk by choosing well-capitalised, high-quality investments at reasonable valuations.

 

Inside the Strategy

  • We invest in what we identify as the best managed companies in under-penetrated industries that are likely to outgrow nominal GDP.
  • We seek companies that can grow in almost any economic environment and that can fund most of their growth with internally-generated cash.
  • We focus our investments on companies that produce a return on invested capital (ROIC) clearly above their cost of capital and that should be able to compound their earnings growth in double digits for many years to come.
  • We aim to purchase these companies at reasonable valuations and hold them for the long term.
  • Our strategy benefits from two portfolio managers with over 28 years’ experience investing in Latin American markets and who share a belief that low-turnover, concentrated portfolios derived from sound fundamental research can generate attractive outperformance.

Brown Advisory Strategy Inception Date: April 30, 2018

Findlay Park Strategy Inception Date: October 10, 2006

Country Focus: Brazil, Mexico, Peru, Colombia, Argentina, Chile

Number of Holdings: 30-50

All-Cap Strategy

Portfolio Managers: Rupert Brandt, CFA and Peter Cawston

Vehicle: Separately Managed Account, UCITS Fund

Publications

Manager Q&A
Rupert Brandt and Peter Cawston recently joined Brown Advisory, bringing with them the Latin American strategy they have managed for more than a decade. In this conversation, the two portfolio managers share their perspectives on a market in which they’ve invested for a combined 28 years, and why they view Latin America as one of the last great untapped investment opportunities in the world.

Learn More

 

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Strategy Resources

 

Click here to see all Brown Advisory investment strategy documents.

 

Please read our composite disclosure and other important firm disclosures.

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