Brandes Investment Partners, L.P. provides discretionary investment management services in the United States and other jurisdictions where legally permitted to do so. Requests from investors to provide services to investors in any other jurisdiction will not be accepted unless Brandes is lawfully able to provide its services in the jurisdiction concerned. The information on this website is for informational purposes only, does not constitute an offer for products or services and should not be construed as an offer to sell or a solicitation of an offer to buy to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
This site is intended for U.S. persons.
Please note that information on this website contains information relating to Brandes Investment Funds plc (the “Fund”) which is a UCITS umbrella investment fund comprised of four sub-funds, incorporated under the laws of Ireland and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (the “UCITS Regulations”). The four sub-funds are currently registered for offer and sale to the general public in Austria, France, Germany, Ireland, Luxembourg, Netherlands, Spain, Switzerland, the United Kingdom and Belgium (Class A/A1 EUR and A USD only), (each a “Relevant Jurisdiction”). By accessing information relating to the Fund you confirm that you are resident in one of the Relevant Jurisdictions. It is your responsibility to be aware of and to observe all applicable laws and regulations of any Relevant Jurisdiction. If you are not resident in any of the Relevant Jurisdictions please contact ucits@brandes.com.
Brandes Investment Partners (Asia) Pte. Ltd. provides discretionary investment management services throughout Asia where legally permitted to do so. It is currently authorised to provide these services in Singapore and Australia. Requests from investors to provide services to investors in any other jurisdiction will not be accepted unless Brandes is lawfully able to provide its services in the jurisdiction concerned. The information on this website is for informational purposes only, does not constitute an offer for products or services and should not be construed as an offer to sell or a solicitation of an offer to buy to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
This site is not intended for U.S. persons.
Please note that information on this website contains information relating to Brandes Investment Funds plc (the “Fund”) which is a UCITS umbrella investment fund comprised of four sub-funds, incorporated under the laws of Ireland and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (the “UCITS Regulations”). The Shares have not been registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and may not be offered, sold, or delivered directly or indirectly in the United States (except in accordance with an applicable exemption from the registration requirements of the Securities Act) or to, or for the account or benefit of, any US Person. Applicants will be required to certify that they are not US Persons. By accessing information relating to the Fund you confirm that you are acting on behalf of clients located outside of the U.S. who are permitted to receive this information under the local laws in their jurisdiction.
Brandes Investment Partners, L.P. provides discretionary investment management services in the United States and other jurisdictions where legally permitted to do so. Requests from investors to provide services to investors in any other jurisdiction will not be accepted unless Brandes is lawfully able to provide its services in the jurisdiction concerned. The information on this website is for informational purposes only, does not constitute an offer for products or services and should not be construed as an offer to sell or a solicitation of an offer to buy to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
This site is intended for U.S. persons.
Brandes Investment Partners (Europe) Limited (Brandes Europe) was incorporated in 2012 under the laws of Ireland. Brandes Europe is authorized by the Central Bank of Ireland as a UCITS management company pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (UCITS Regulations). Pursuant to this authorization Brandes Europe is authorized to carry out collective portfolio management and individual portfolio management. As may be permitted under local law, Brandes Europe provides portfolio management services to clients in the Europe, Middle East, and Africa (EMEA) region. Brandes Europe makes no representations or warranties that the content of this website is applicable to or appropriate for use in locations outside of those jurisdictions where Brandes Europe Investment Partners or its affiliates or its funds are licensed or registered. The information on this website is for informational purposes only, does not constitute an offer for products or services and should not be construed as an offer to sell or a solicitation of an offer to buy to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. Users should ensure that they are legally allowed access to this website in the country from which they connect.
Brandes Investment Partners & Co. (BIPCo) operates under the retail trade name of Bridgehouse Asset Managers in Canada. BIPCo is the manager of the Bridgehouse Funds which are only qualified for sale in the provinces and territories of Canada. Requests from investors to provide services to investors in any other jurisdiction will not be accepted unless BIPCo is lawfully able to provide its services in the jurisdiction concerned. The information on this website is for informational purposes only, does not constitute an offer for products or services and should not be construed as an offer to sell or a solicitation of an offer to buy to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
This website is not intended for U.S. persons.
Please note that information on this website contains information relating to Brandes Investment Funds plc (the “Fund”) which is a UCITS umbrella investment fund comprised of four sub-funds, incorporated under the laws of Ireland and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 as amended (the “UCITS Regulations”). The Fund is registered as a Restricted Scheme in Singapore. By accessing the information relating to the Fund you confirm that you are a Professional Investor resident in Singapore. If you are not resident in Singapore please contact ucits@brandes.com.
As we entered 2025, U.S. stocks continued their long-term performance dominance vs. international stocks. However, the dramatic outperformance of international stocks vs. U.S. stocks (MSCI EAFE vs. S&P 500) and value stocks vs. growth stocks (MSCI World Value vs. MSCI World Growth) in the first quarter of 2025 reminded us again that diversification can be an important component to guard against quick swings in market sentiment.
In response to the recent U.S. tariff changes, Brandes continues to prioritize fundamental analysis and long-term intrinsic value, placing greater emphasis on balance sheet strength and “margin of safety” amid economic uncertainty.
