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Articles tagged as "Orbis Global Equity Fund"

Orbis: Can you be patient and excited at the same time?

By Radhesen Naidoo on 05 Apr 2019

As contrarian investors who invest differently, periods of underperformance are part of the investment cycle and, while disappointing, they can offer...

Orbis: Key detractors from recent performance

By Radhesen Naidoo on 08 Mar 2019

Periods of underperformance are stressful and disappointing, and while they are an expected part of the investment cycle for us as a contrarian manager, we...

The upside of down markets

By Andrew Lapping on 11 Jan 2019

2018 was not a good year for investors with price declines in many asset classes. The FTSE/JSE All Share Index (ALSI) fell 8.5% in 2018, or 21% when measured...

Understanding recent performance

By Andrew Lapping on 07 Dec 2018

2018 was a difficult year for investors with most asset classes falling in price. The prices of all assets are volatile; the only asset to seemingly lack...

Orbis Global Equity Fund: Unpacking recent performance

By Stefan Magnusson on 17 Oct 2018

As bottom-up stockpickers, we don’t pay much attention to benchmarks or to what other investors are doing. Instead, our investment decisions are based on...

Orbis Global Equity: Investing differently

By Matt Adams on 19 Apr 2018

Over the last five years, the median global equity manager has underperformed the MSCI World Index and many value-oriented global equity managers have done...

Q&A: Orbis Global Equity Fund

By Tamryn Lamb on 09 Feb 2018

What are the names of the managers of the Orbis Global Equity Fund and where are they based...

Finding value in an over-valued world

By Ben Preston on 23 Nov 2017

Defensive shares are normally a safe place to “hide” when valuations look high, but Orbis is currently finding more opportunities among cyclical shares where...

Orbis: Tech can be contrarian - if the price is right

By Rob Perrone on 26 Sep 2017

We are contrarian investors, and technology shares are often popular. Given that, you might expect us to shun them. At times, we have: when tech stocks trade...

Global jitters: Avoid safe havens, opportunity in overlooked sectors

By Dan Brocklebank on 15 Sep 2017

The uncertain global political and economic backdrop created by unexpected recent shocks has spooked investors. However fear, particularly when spurred by...

Orbis: Two myths about emerging market equities

By Graeme Shaw on 15 Jun 2017

At the end of 2015, emerging market (EM) shares had meaningfully underperformed developed market (DM) shares over the previous five years...

Orbis: Are there any bargains out there?

By William Gray and Jeremie Teboul on 31 Mar 2017

Since 1990, the Orbis Global Equity Fund’s investment mandate has been to seek higher returns than the average of the world’s equity markets, without greater...

Beware the siren song of growth

By Dan Brocklebank on 03 Mar 2017

Growth has an almost irresistible allure for investors. Whether it’s a rapidly growing economy, a start-up with a hot new product, or a new industry that...

Pursuing long-term returns without simply reaching for risk

By Ben Preston and Maurits Ovaa on 30 Sep 2016

Ben Preston and Maurits Ovaa explain why Orbis believes minimising losses is arguably more important than maximising gains at a time when many stock markets ...

Broaden your horizons with offshore investments

By Tamryn Lamb on 14 Jun 2016

It is natural to feel uneasy about your finances during times of uncertainty. However, one should be wary of making decisions based on short-term events. The...

Playing a loser's game

By William Gray on 31 Mar 2016

The loser’s game isn’t especially fun to play, but it is a winning strategy for those who have the discipline and the patience for it. William Gray, from our...

Orbis: Buying carefully in indiscriminate selloffs

By Tamryn Lamb on 24 Dec 2015

Periods of short-term underperformance are a price we must pay for seeking superior long-term returns. The third quarter certainly qualified as one of those...

Contrarian investing and different performance

By Mahesh Cooper on 30 Sep 2015

The valuation-based approach to investing used by Allan Gray and our offshore partner Orbis is often contrarian since the shares that are most attractively...

The case for active management

By Matt Adams and Adam Karr on 30 Jun 2015

It is popular these days to talk about how difficult the past several years have been for active managers. In a sense, however, active management is always...

Orbis Global Equity: Guided by our investment philosophy

By Graeme Forster on 31 Mar 2015

This piece was originally published in the Orbis March 2015 Quarterly Manager's Report. Over the 25-year history of Orbis' Global Equity Fund, the underlying...

Orbis Funds: Reflecting on 2014 and looking ahead

By Graeme Forster on 31 Dec 2014

This piece was originally published in the Orbis December 2014 Annual Manager's Report. In 2014, Orbis identified several new opportunities, including select...

Orbis funds: Finding the best long-term value for clients

By Seema Dala on 30 Sep 2014

The Orbis Global Equity Fund will mark its 25th year at the end of December. In that time, Orbis has provided access to the same fundamental, contrarian,...

Introducing the Orbis Global Balanced Fund

By Tamryn Lamb on 22 May 2014

Like Allan Gray, Orbis has a limited range of funds which it believes addresses the needs of most investors. New funds are only introduced after very careful...

Finding value in global markets

By Seema Dala on 31 Mar 2014

Emerging markets have come under intense focus so far this year and while the main worries have centred on countries such as Argentina and Turkey, the market...

Investing offshore to reduce portfolio risk

By Seema Dala on 31 Mar 2013

Five years on from the start of the Global Financial Crisis, as economic uncertainty continues across the world, investors remain sceptical about exposing...

High correlations present challenges

By Seema Dala and Chris du Toit on 31 Mar 2012

Actively managed funds, including the Orbis Global Equity Fund, have struggled to outperform the market over the past year. Actively managed funds are able t...

Looking back at 2011 and preparing for the years ahead

By Ian Liddle on 20 Jan 2012

South Africa has thus far been spared the crushing austerity measures affecting Europe. Three important factors have been in our favour so far: a decade of...

Things you can control, and things you cannot

By Trevor Black and Jonathan Brodie on 31 Dec 2011

In this current very uncertain world, we cannot begin to control or predict political or economic outcomes. But we can control what shares we buy and we are...

Japan: economic pessimism creates buying opportunities

By Trevor Black and Ben Preston on 30 Jun 2011

As bottom-up stock pickers, we believe that great investment opportunities can be found in even the most challenging conditions. Japan is a perfect example....

Responding to challenging times

By Henry Allen and Trevor Black on 31 Dec 2010

Performance does not come in a straight line, which means that periods of long-term outperformance will always be accompanied by periods of, sometimes...

The story is in the stocks

By Jonathan Brodie and Trevor Black on 30 Jun 2010

Investors who give their money to professional managers to invest still wish to remain informed about what their managers are thinking and how therefore they...

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