Top-down forecasts of global economies and bottom-up assessment of industries and businesses are key.
Research team organized along global sector lines is optimal.
Sustainability factors contribute to long-term performance.
Price only has meaning when compared to the underlying economic value of a company's activities.
Economic forces often become more predictable when viewed over longer periods.
Diversification, liquidity, transparency, low costs and strong governance reduce risk.
Independent for 32 years, Letko Brosseau has provided clients long-term
outperformance with investments in Canada and around the world.
We take a disciplined, long-term view based on fundamental research, economic analysis and the deep industry expertise of our multi-disciplinary team.
billion in firm assets under management
annualized return for over 32 years
annualized benchmark outperformance
Value added represents the excess return over the weighted average of all clients’ benchmarks for all assets under management gross of fees from Jan 1, 1988 to December 31, 2019.
Performance numbers referenced are annualized and presented in Canadian dollars gross of fees for all assets under management from Jan 1, 1988 to December 31, 2019 and do not refer to any composite.The results in the Portfolio Metrics table are calculated by aggregating all assets, all bonds and all equities, respectively in LBA managed discretionary accounts. The benchmark is the weighted average of all clients’ benchmarks.
Past performance is not a guarantee of future results.