TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Brandes Investment Partners, a global investment management firm, has announced its expansion into Canada with the launch of its Global Allocation Fund. The fund will bring the U.S. manager's multi-asset capabilities to Canadian investors for the first time in a standalone investment vehicle.
The Global Allocation Fund will be managed by Louis Lau, Director of Investments Group at Brandes Investment Partners. The fund will utilize a value-driven approach to investing across a range of asset classes, including equities, fixed income, and alternative investments.
"Canada is an important market for us, and we are excited to bring our investment expertise to Canadian investors," said Lau. "Our multi-asset strategy aims to provide investors with a diversified portfolio that can help them achieve their long-term investment goals."
Brandes Investment Partners was founded in 1974 and manages approximately $38 billion in assets across the globe. The firm is known for its value-driven approach to investing and has a long history of successful investment management.
The launch of the Global Allocation Fund in Canada is part of Brandes Investment Partners' ongoing expansion efforts. The firm has been steadily growing its presence in international markets in recent years, and the launch of the fund in Canada represents a significant milestone in this effort.
"We believe that our value-driven approach to investing can help Canadian investors achieve their investment goals," said Brandes Investment Partners President and CEO, Gregory S. Johnson. "We are excited to bring our expertise to this important market."
The launch of the Global Allocation Fund in Canada comes at a time when technology is transforming the investment process at a rapid speed. According to Joseph H. Oughourlian, Chairman and CIO of Amber Capital, "Technology continues to be ever more important in asset management, transforming the investment process at rapid speed."
Brandes Investment Partners is not the only firm expanding its presence in international markets. KDB Bank, Atinum Investment, Big Basin Capital, Mirae Asset Venture Investment, and Breeze Investment all participated in funding rounds for various companies in recent months.
In addition to its expansion efforts, Brandes Investment Partners has been recognized for its investment expertise. The firm was recently highlighted in a GuruFocus article written by Sydnee Gatewood. The article focused on the firm's value-driven approach to investing and highlighted several of its top holdings.
Brandes Investment Partners' expansion into Canada with the launch of the Global Allocation Fund is a significant step for the firm. The launch represents the firm's commitment to bringing its value-driven approach to investing to investors across the globe.