While South Africa represents less than 1% of the world’s investable equity markets, it is home to investors among the most discerning anywhere in the world. Over hundreds of years, they have navigated significant macroeconomic and sociopolitical turbulence, managed real currency risks, and learned—often through hard experiences—that sound long-term investment principles are far more important than short-term market narratives.
We feel, in that sense, that we already share a great deal with you.
While most of our assets are managed for U.S. clients, our investment philosophy has long had global appeal. Over the years, we have served clients in Europe, Canada, Australia, New Zealand, and other markets. We are committed to extending our capabilities into new regions where we can add value.
South Africa, with its highly sophisticated and professional investment community, is a natural fit. We believe there is a gap in the availability of conservative, truly global value strategies — an area in which Tweedy, Browne has successfully practised as a single discipline for over a century.
Our plan is for senior team members to visit South Africa at least once a year. This will help us strengthen and support our client relationships and local business partnerships, demonstrate our long-term commitment, and actively support the growth of the Tweedy, Browne Funds in this market.
Founded in New York in 1920, Tweedy, Browne began as a dealer in closely held and inactively traded securities. In those early years, we became the trading house of choice for a young securities analyst named Benjamin Graham — and later for his student, Warren Buffett. We were associated with both men at various points in our history, and the investment methodology they pioneered has shaped every investment decision we have made since. CLICK HERE to learn more about Tweedy, Browne.
