San Diego, California - January 1, 2024 - Brandes Investment Partners (Brandes), a boutique investment advisory firm, announces that 2024 marks the fifty-year anniversary of its founding and unwavering commitment to value investing.
Brandes Investment Partners was founded by Charles Brandes in 1974 following a chance meeting with Benjamin Graham, which led to a brief and impactful mentor relationship. Benjamin Graham is widely considered the father of value investing, and during the bear market of 1973-1974, which created attractive long-term opportunities for disciplined, patient investors, Graham and Charles agreed that it was an excellent time to start an investment firm dedicated to Graham principles. Since then, the company has remained independent, and has endeavored to apply a research-driven, bottom-up, Graham and Dodd value investment philosophy consistently across several investment strategies.
“We are incredibly proud of this milestone, which would not be possible without our dedicated and hardworking colleagues, and our loyal clients. One of the benefits of being around for 50 years is that you experience a lot of cycles. However, you also get to understand that certain things such as ‘value investing principles’ are enduring. Therefore, while our investment process has evolved over the past five decades, our core value investing principles have not changed,” said Brent Woods, Brandes Chief Executive Officer.
As it has since its establishment, Brandes remains 100% employee owned. Employee satisfaction, culture, and engagement are key elements to Brandes’ corporate identity, and the firm has recently been recognized as one of Pensions & Investments’ 2023 Best Places to Work in Money Management.
“Benjamin Graham wrote extensively about the temperament that successful investors need, suggesting that it’s difficult, for example, to be a growth investor and a value investor at the same time. We agree and that is why we say that Brandes is purpose built for value―meaning that value investing is all that we do. We are singularly focused on value investing,” said Oliver Murray, Managing Director. “Brandes will be celebrating this milestone anniversary throughout 2024 with special events to thank staff, clients, partners, and many friends."
About Brandes Investment Partners
Brandes is a boutique investment advisory firm, managing global equity and fixed-income assets for clients worldwide. Since the firm’s inception in 1974, Brandes has consistently applied the value investing approach pioneered by Benjamin Graham to security selection and was among the first investment firms to invest globally using a value approach. The independently owned firm manages a variety of active investment strategies and applies its investment philosophy consistently in all market conditions. Headquartered in San Diego, Brandes and its related entities have offices in Milwaukee, Toronto, Dublin, and Singapore.