Brandes Timeline

Brandes Timeline

  • 1971
    Charles Brandes met Ben Graham, whose value investing principles later inspired Brandes to set up his own firm.
    The Nifty 50*
    Investors couldn’t get enough
    of the Nifty 50. Their valuations
    skyrocketed well beyond levels
    that even companies such as
    Polaroid and Digital Equipment
     Corporation could sustain.
  • 1974
    Brandes Investment Partners was founded under the name Branco Investors.
    1973 Oil Crisis
    Oil supply concerns contributed
    to the stock market crash of
    1973-1974, with the Dow Jones
    Industrial Average* falling over 45%
    during the crisis. Even most of the
    Nifty 50’s constituents did not
    come out of it unharmed.
  • Partner with a Pioneer in Global Value Investing
    1977
    New Brandes Global
    Equity Strategy
    was among
    the first global offerings in
    the United States.
    Rising Interest
    Rate in 1979 
    BusinessWeek magazine
    declared “The Death of Equities”
    as the prime rate headed to a high
    of 21.50% in December 1980.
  • 1986
    Brandes won its first
    sub-advisory wrap
    program and institutional
    separate account.
    1987 Black Monday
    On October 19, global financial
    markets collapsed with the
    Dow Jones Industrial Average*
    losing over 22%, providing a
    great environment for value
    investors to seek bargains.
  • Put the World's Potential in Your Portfolio
    1990
    New Brandes International Equity Strategy targeted select non-U.S. value opportunities.
    “Tear down this wall!” 
    - President Reagan, 1987

    On October 3, 1990, the formal
    reunification of East and West
    Germany signified the dawn of
    larger markets and the
    beginning of globalization.
  • Pursue Opportunities at Attractive Prices
    1991
    Brandes launched
    U.S. Value Equity Strategy.
    Glasnost
    and Perestroika 
    Public call for transparency and better standard of living led to the dissolution of the Soviet Union in 1991 and the end of the Cold War.
  • Allocate to Emerging Markets with Confidence
    1994
    Brandes introduced Emerging Markets Equity Strategy
    1994 Tequila Crisis
    Brandes remained unnerved as
    Mexican Peso’s devaluation
    scared many investors. Then and
    now, we believe not all companies
    are affected by macroeconomic
    events in the same way.
  • Consider Potential Bargains Among European Equities
    1995
    Brandes launched
    European Equity Strategy.
    World Trade Organization
    The establishment of the WTO
    paved the way for international
    trade expansion and globalization.
  • Small Companies. Big Potential.
    1996
    Brandes introduced International Small Cap Equity Strategy. Brandes opened its first overseas office in Geneva.
    Baby Boomers Began Turning 50
    CalPERS* reached
    $100 billion in assets as
    baby boomers started thinking
    more about retirement.
  • 1997
    Brandes started offering
    mutual funds.
    The Asian Contagion
    The 1997 Asian financial crisis sent
    many emerging economies into a
    deep dive. Despite emerging
    markets’ numerous transformations
    since then, many investors still fear
    a potential replay of this crisis.
  • 1999
    Brandes acquired fixed-income strategies from Milwaukee-based Hilltop Capital.
    “Irrational Exuberance”
    The dot-com bubble led the
    NASDAQ* Composite Index to
    almost quadruple between 1997
    and 2000 – before ending in the
    "tech wreck".
  • 2002
    The Brandes Institute was
    founded to lead thought
    leadership and research
    initiatives. Brandes
    Investment Partners & Co.
    (Brandes Canada) opened.
    2002 South American
    Economic Crisis
    Argentina, Brazil and Uruguay
    struggled as economic crisis hit.
    Brandes took this opportunity
    to invest in out-of-favor
    businesses in the region.
  • 2006
    Sionna Investment
    Managers, Inc. joined
    Brandes Canada line-up.
    Global Financial Crisis
    Major downturns in stock markets shocked investors worldwide and led to the collapse or sale of several large financial institutions. The S&P 500 Index* fell over 56% from October 2007 to March 2009
    (peak to trough).
  • 2012
    Brandes was #3 for trading-cost efficiencies according to national ranking agency.* 
    The ECB’s
    “Whatever It Takes”  
    The European Central Bank
    announced in 2012 to do
    “whatever it takes”
    to preserve the euro zone.
  • 2013
    Brandes Canada expanded as an investment sales platform under the name Bridgehouse Asset Managers. Brandes moved its Europe office from Geneva to Dublin and opened its first Asia-Pacific office in Singapore.
    To Taper
    or Not to Taper
    Speculation on the U.S. Federal 
    Reserve’s tapering plan affected 
    international equity markets, 
    especially emerging markets. 
    At the end of 2013, valuations 
    for the MSCI EM Index* were
    near pre-2008 crisis levels.
  • 2014
    Brandes commemorates its
    40-year anniversary, reinforcing
    its commitment to clients and
    value investing.
    Oil Prices Slump
    The significant drop in oil price toward the end of 2014 sparked investor concerns about the prospects of companies in the
    energy sector.
  • 2015
    The Brandes International Equity and Corporate Focus Fixed Income strategies reached their 25- and 15-year milestones, respectively.
    Oil-Price Decline
    A supply glut continued to weigh on the oil market. 
  • 2016
    Brandes became a signatory of the UN-supported Principles for Responsible Investment Initiative and a member of the International Corporate Governance Network.
    Leave or Remain?
    About 52% of U.K. voters favored Brexit, a referendum for the United Kingdom to leave the
    European Union. 
  • Nifty 50: an informal term used to describe the 50 most favored “buy-and-hold” stocks by the market in 1960s and 1970s. 
  • * Past performance is not a guarantee of future results. One cannot invest directly in an index. The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 blue chip U.S. stocks. The DJIA was created by Charles Dow in 1896 as a general measure of the stock market, and today is compiled by editors of The Wall Street Journal. With over a hundred years of data behind it, the DJIA still serves as a reliable U.S. market’s measure. This index captures price movements of the securities. 
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  • * Past performance is not a guarantee of future results. One cannot invest directly in an index. The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 blue chip U.S. stocks. The DJIA was created by Charles Dow in 1896 as a general measure of the stock market, and today is compiled by editors of The Wall Street Journal. With over a hundred years of data behind it, the DJIA still serves as a reliable U.S. market’s measure. This index captures price movements of the securities. 
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  • *California Public Employees Retirement System, manager of the biggest public pension fund in the United States. 
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  • *Past performance is not a guarantee of future results. One cannot invest directly in an index. The NASDAQ Composite Index is an unmanaged, broad based market capitalization-weighted index that measures all NASDAQ domestic and international based common type stocks listed on the NASDAQ market. This index captures price movements of the securities. 
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  • *Past performance is not a guarantee of future results. One cannot invest directly in an index. The S&P 500 Index with gross dividends is an unmanaged, market-capitalization weighted index that measures the equity performance of 500 leading companies in leading industries of the U.S. economy. The index includes 500 leading companies in leading industries of the U.S. economy, capturing 80% coverage of U.S. equities. This index includes dividends and distributions, but does not reflect fees, brokerage commissions, withholding taxes or other expenses of investing. 
  • *Source: Institutional Investor; rank was for 12 months ended June 30, 2012. Click here for full article. 
  • *Past performance is not a guarantee of future results.  One cannot invest directly in an index. The MSCI Emerging Markets Index with gross dividends measures equity market performance of emerging markets. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products. 
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