"The $43 Billion Value Investor's Secret to Success: Unearthing Undervalued Foreign Stocks"
Causeway Capital Management, led by CEO Sarah Ketterer, has been outperforming the competition by utilizing a combination of quantitative and fundamental analysis to identify undervalued European stocks. The firm's main international value equity strategy has generated a 17.6% annualized net return over the past three years, surpassing the MSCI EAFE index by eight percentage points. Causeway's success can be attributed to its focus on companies with significant valuation gaps compared to their U.S. counterparts. Some of their notable investments include Italian bank UniCredit and London-based Rolls-Royce Holdings. Ketterer believes that investing internationally provides opportunities to uncover overlooked companies with potential for improvement in the future.