Value investing is the art of buying stocks which trade at a significant discount to their intrinsic value. Value investors achieve this by looking for companies on cheap valuation metrics, typically low multiples of their profits or assets, for reasons which are not justified over the longer term. This approach requires a contrarian mindset and a long term investment horizon. Over the last 100 years a value investment strategy has a consistent history of outperforming index returns across multiple equity markets. In his presentation, Kevin Murphy, Co-head of the Global Value Team at Schroders, will explain why this approach might not always be in favour in the short term, however aims to deliver Income and Capital growth in the medium / long term. He will explain why the team adopt a contrarian and patient view to Investing and will demonstrate a number of tried and tested ways that will help adviser’s understand and add value to their client’s investment propositions.