You will now be directed to a separate site for WCM Investment Management.
Cancel Ok
WCM Investment Management | Insight | Hidden Value Stocks: WCM Focused International Value Interview | In this interview, Andrew Wiechert and Drew French, co-Portfolio Managers for WCM's global value equity strategies, are interviewed by Rupert Hargreaves of Value Walk.
hvs-photo-3.png

22 April 2022

Hidden Value Stocks: WCM Focused International Value Interview

In this interview, Andrew Wiechert and Drew French, co-Portfolio Managers for WCM's global value equity strategies, are interviewed by Rupert Hargreaves of Value Walk.

Andrew and Drew discuss why value investing shouldn't simply be a sector bet on low-quality segments of the market, as well as reveal how applying WCM's framework for understanding moat trajectory and corporate culture offers them unique opportunities in an underinvested and appreciated subsection of the market.

From Andrew: "These companies tend to live in a veritable "no man's land"—too optically expensive for the deep value investor, but with too much hair on them for a growth investor. Within this subsection of the market, we are hunting for companies experiencing an inflection point that will allow the businesses to accelerate the growth of their economic moats, typically through a catalyst such as a product-mix shift, a narrative shift, or a cultural turnaround. As these companies inflect and begin to grow their economic moats, we believe their investor bases will inevitably shift from more traditional value investors to growth investors. Along with this shift, we ultimately expect to see multiple expansion: a subject typically considered taboo in the world of value investing."

ABOUT Insights

From our unique approach to pattern recognition and culture research, to our location in Laguna Beach—a quaint artist colony in Southern California—we live and breathe creative thinking. We value independent thinkers. We value artists.

Expand All