Inspired by Value: Essay Competition Honoring Ben Graham

Inspired by Value: Essay Competition Honoring Ben Graham

The CFA Society of the UK and Brandes Investment Partners announced Liam Nunn, CFA, as the winner of the essay competition honoring Benjamin Graham.

Stephanie Dressler
Dukas Linden Public Relations  


Liam Nunn, CFA, awarded £5,000 for essay on value investing principles

LONDON, June 28, 2016 – At the 2016 Aberdeen Road Lectures event, the CFA Society of the UK (CFA UK) and Brandes Investment Partners announced this year’s winner of the investment essay competition honoring Benjamin Graham, the founding father of both value investing and the CFA program. Liam Nunn, CFA, equity analyst at Old Mutual Global Investors, was awarded the £5,000 prize for his essay on how Graham’s principles of investing safely and successfully reflect the way he practices today. 

The competition, which launched at the inaugural Aberdeen Road Lectures event last year, awards a prize provided by Brandes Investment Partners annually to one winner for a paper that draws on Graham’s thinking and work as well as promotes financial analysis as a profession. It is open to all members of CFA UK under the age of 35.

“We were encouraged by the many submissions that demonstrated a keen understanding of and reflection on Ben Graham’s value investing principles, and we are pleased to present this award,” said Charles Brandes, CFA, founder and chairman of Brandes Investment Partners. “My work with Graham was integral to the founding of Brandes Investment Partners, and it is an honor to help impart his vision as a value investor to young members of the CFA community.” 

“This prize was launched to encourage and inspire our members who are just entering the profession to delve into the philosophy and practice of Ben Graham,” said William Goodhart, chief executive of CFA UK. “We continue to learn from his work, and CFA UK is committed to maintaining the professional standard that he envisioned.”

The winning essay will be published in the autumn issue of Professional Investor magazine and available on the Brandes Institute website. 

About Brandes Investment Partners
Brandes is a leading 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. 

About The CFA Society of the UK 
The CFA Society of the UK (CFA UK) represents the interests of more than 12,000 members of the investment profession. The society is a leading member society of CFA Institute (the global, nonprofit organization of investment professionals) and serves society’s best interests through the education of investment professionals, by informing policy-makers and the public about the profession and through the promotion of high professional and ethical standards. The society was founded in 1955.

CFA UK is the awarding body for the Investment Management Certificate (IMC), an entry level qualification for investment professionals. The IMC is a Level 4 qualification that meets the FSA’s requirements (either solely or in combination with other qualifications) for managing investment and advising on and dealing in securities and derivatives. 
CFA UK promotes the CFA Program, but is not the awarding body for the CFA Program. CFA Institute is the awarding body for the CFA Program which is a graduate level, self-study programme designed to equip investment professionals with technical skills, practical knowledge and a clear understanding of ethics and professional standards.