What is Brandes investment process?
As global investors, the firm literally has a world of investment possibilities on its plate. The firm’s first goal is to narrow this field to a manageable number of prospective candidates that deserve thorough, in-depth analysis. Analysts start by using computer databases to screen more than 5,000 companies across the globe. Characteristics focused on at this stage include price-to-earnings and price-to-book ratios, liquidity, and market capitalization. This persistent screening yields potentially undervalued companies that deserve a thorough examination. As a result of the firm’s screening process, these companies tend to have similar traits, such as low valuation ratios. Often, these companies are also out of favor and have stock prices that may have been depressed by recent developments. In other cases, a company might simply belong to an unexciting industry that the investment community has largely ignored. To gain a fuller understanding of each of these candidates, analysts thoro