Brickwood Asset Management LLP (Brickwood) launches the TM Brickwood Global Value Fund (OEIC). Brickwood is an independent dedicated value equities boutique founded in January 2024.
Brickwood announces the launch of the TM Brickwood Global Value Fund, following the successful launch of their inaugural fund last month, the TM Brickwood UK Value Fund.
The TM Brickwood Global Value Fund aims to outperform its benchmark, the MSCI All Country World Index (ACWI), net of fees, over the long term (rolling 5-year period).
The fund is co-managed by Ben Whitmore and Dermot Murphy, who have experience managing dedicated global value products since 2014. Ben and Dermot are further supported by fund manager, Kevin Murphy. Together the investment team have over 60 years dedicated value equities investment experience.
The global fund invests at least 80% in companies based anywhere in the world that are considered undervalued by the team and has a specific emphasis on large and mid-cap listed companies.
As value investors, the team believes that one of the biggest determinants of future returns is whether the valuation paid for an individual security is high or low relative to its long-term history. Their aim is to identify undervalued securities and wait for the market to recognise their value. Through commitment to the clearly defined, evidence based and repeatable process, this approach has historically delivered attractive returns over the long term for their clients.
Claudia Ripley, Chief Executive Officer:
“We are pleased to announce the launch of the TM Brickwood Global Value Fund, which follows the successful launch of the TM Brickwood UK Value Fund last month. Both funds employ the same disciplined and repeatable investment process which seeks to identify undervalued companies. The investment team have a strong track record managing value funds and we are delighted to be able to offer these strategies to clients.”
Dermot Murphy, Fund Manager:
“Investing on a global basis allows us to create a portfolio with extremely low valuations without having to concentrate the fund in any single region or sector. We believe this combination of low valuation and high diversification creates a very compelling investment proposition.”
Brickwood Press Release 20 March 2025
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