Show Notes
Is value investing making a comeback? Jack Barrat shares his perspective on why today’s market environment may present compelling opportunities, how AI is transforming fund management, and why some of the most interesting investments are often overlooked.
Jack Barrat is a portfolio manager at Man Group, with over a decade of experience applying a disciplined value investing approach across a range of market conditions, including periods of significant volatility, inflationary pressure and structural change.
He explains: ▪️ Why UK stocks remain one of the world's cheapest markets ▪️ How to distinguish between a value trap and a genuine opportunity ▪️ Why AI could present a significant productivity shift in fund management ▪️ The sectors he finds most interesting from a valuation perspective today ▪️ How his team approaches high-conviction buy and sell decisions
(00:00) Intro (00:47) From a Starbucks to Man GLG (01:44) The Advantage of Man Group (02:33) Building a High-Performing Investment Team (04:37) The Toughest Year of Jack's Career (05:06) Why He Runs Long & Short (05:52) What Really Drives a Fund Manager (07:18) Jack's Investment Philosophy (09:14) Value Trap or Opportunity? (12:09) How AI is Changing Fund Management (17:43) "Please Don't be Afraid of AI" (20:34) Is the UK Market Cheap? (23:25) How the Team Makes the Call (25:26) Jack's Definition of Risk (27:02) The Biggest Risk to the Strategy (31:09) Why Good |Management Takes Years to Matter (33:32) The "Bathtub of Knowledge" (37:31) What Keeps Him Awake at Night (38:29) Three Books That Shaped How he Invests (40:27) Inside a 5am Start (43:07) The Team Behind the Fund (45:21) Disclaimer
Recorded On: 27/04/26
More from Algy's Investment Podcast
Could Britain be only a decade away from losing control of its debt? An expert on macroeconomics and geopolitics, Alastair Irvine warns that the UK’s finances are “bad and getting worse” and explains why he believes World War III has effectively already begun.
Every investor is being told the same story: the money is in AI, US technology and the trade that has worked for the last fifteen years. Hugh Yarrow believes the biggest opportunity is somewhere very different. He explains why some of Britain's highest-quality businesses are trading at their cheapest valuations since the Global Financial Crisis, why compounding beats chasing trends, and why the best way to build wealth is to get rich slowly.
Are the best investors buying when everyone else is panicking? Anne-Christine Farstad breaks down how contrarian investors spot market overreactions, why volatility creates opportunity, and why valuation matters more than forecasting the future.
Evy Hambro is the Co-Lead Manager of the BlackRock World Mining Trust, one of the world’s leading natural resources funds, delivering over 27x returns since inception. He has spent decades analysing global commodity markets, central bank behaviour, and mining equities.
Pete Davies, Head of Developed Markets Strategy at Lansdowne Partners, explains why this decade could look nothing like the last. From rising public-sector risk to the return of tangible assets and a new AI investment cycle.