Separating the numbers from the narratives

In the latest episode of The Allan Gray Podcast, portfolio manager Rory Kutisker-Jacobson hosts Mark Dunley-Owen, portfolio manager from our offshore partner, Orbis, to explore global investment opportunities beyond those currently in vogue. They delve into high-conviction picks in China, standout businesses in frontier and emerging markets, and promising US mid-cap industrials as the rise of AI ripples across sectors. Against the backdrop of shifting geopolitics, they remind investors of the importance of challenging dominant market narratives to avoid overpaying – a key factor in achieving long-term outperformance.