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Finding Value in an Upside-down World | Charles Heenan & Geoff Legg

January 2025
Hidden Forces

In Episode 398 of Hidden Forces, Demetri Kofinas speaks with Kennox Strategic Value Fund investment directors Charles Heenan and Geoff Legg about their investment framework and macro worldview. Known for their focus on top-quality, sector-leading companies, Charles and Geoff share valuable insights about what it takes to build and manage a portfolio with a long-term, value-driven perspective.

Running Money with Charles Heenan, Ep #53

May 2024
UPThinking Finance

Inflation continues to rise. Interest rates are at 30-year highs. Gold is at all-time highs. There’s geopolitical conflict and confusion everywhere. Yet most global equity markets continue to go up. Where do you turn to get rational analysis, advice, or opinions?

Angus Tulloch on booms and busts in emerging markets

April 2024
Library of Mistakes

View one of Scotland's investment greats tell Charles Heenan about his career and the ups and downs of being a trailblazer in emerging markets.

Kennox Value – Sustainable Quality and Effective Risk Focus

February 2022
Asset TV

In times of uncertainty, diversification is key. Value has a place in any well-balanced portfolio. We sat down with Asset TV to discuss value, our risk-focused approach and the diversification we expect to deliver.

Dominoes are falling – be very careful

March 2020
The MoneyWeek Podcast

Merryn talks to Charles Heenan, investment director of Kennox Asset Management. Assets are cheap, he says, but you need to be very, very careful about what you buy – this is not the time for blanket market exposure. Plus, a peek at what's in his portfolio.

Kennox in conversation with Russell Napier

December 2020
Kennox in conversation

An internationally known investment strategist, Russell Napier has been a member of our Advisory Panel since its inception. We sat down with him at the Library of Mistakes in Edinburgh to discuss the big issues global investors face.

Topics include:

  • Unprecedented government intervention in markets: the outcome?
  • Equity valuations: not all look sustainable
  • The global economy: a swift recovery?

Kennox in conversation with Angus Tulloch

September 2020
Kennox in conversation

An early and ongoing supporter of Kennox, Angus Tulloch has been a member of  our Advisory Panel since its inception. Following a long and highly successful career as an investor, Angus recently retired from First State where he headed the respected Asia Pacific (ex Japan) and Emerging Markets teams.

Value Investing Master Class

June 2019
Asset TV

Charles L Heenan, Investment Director, participated in a well-received value investing master class hosted by Asset TV. Covering the key topics facing investors today, Charles discussed the unique differentiation that value offers, current opportunities and the need to think longer-term than a market driven by the most recent news cycle.

Kennox Value Philosophy

Mar 2018
Asset TV

Our investment directors, Charles L Heenan and Geoff Legg, sat down with Asset TV to discuss the Kennox value philosophy, the advantages of a focussed, boutique approach, and why our ability to take a long-term view provides Kennox with an advantage over a market driven by short-termism.

Market Distortions Create Opportunity

May 2017
6th London Value Investor Conference

Kennox was delighted to be invited back to speak at the internationally recognised London Value Investor Conference. An excellent value investing forum, Charles L Heenan (Investment Director) discussed the fundamentals of the Kennox value approach, focussing on Sustainable Earnings and Quality against the backdrop of opportunities that are being created in the current market.

If you would like to read Market Distortions Create Opportunity, please visit Thinking Aloud

The value of doing nothing

October 2016
MoneyWeek

Merryn Somerset Webb talks to value investor Charles Heenan of Kennox Asset Management about his investment strategy – and the financial benefits of doing nothing at all for long periods of time.

The Joys of Pessimism

May 2014
3rd London Value Investor Conference

The London Value Investor Conference is an internationally recognised European value investing forum which attracts speakers of the highest calibre. As past attendees, Kennox was pleased to have been invited to address the conference.

In a well-received talk on The Joys of Pessimism, Charles Heenan, Kennox Investment Director, spoke about our investment philosophy and how conviction is achieved prior to investing.

If you would like to read the Joys of Pessimism, it is available here: The Joys of Pessimism

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