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Global generalist for Brandywine Global's International and Global Fundamental Equity strategies. Value investor with a focus on business quality, earnings quality and intrinsic value.15 years' experience covering the consumer sector across three regions: the US, Europe and Asia. Strong track record of broker vote and alpha generation. Experience managing international teams of analysts.Broad risk management experience including market risk (interest rate products, foreign exchange exposure and derivatives), credit risk and counterparty risk. Experience managing a bank's balance sheet within the Basel II framework and familiar with Basel III.Advisory Panel, Consumer Analyst Group of Europe (CAGE) 2014 - 2017.CFA charterholder and certified FRM.
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Equity AnalystBrandywine Global Investment Management Apr 2024 - PresentPhiladelphia, Pennsylvania, Us -
Senior Equity Analyst, VpMorningstar Aug 2023 - Mar 2024Chicago, Il, UsCover the European FMCG sector, with particular focus on beverages and tobacco. -
Director Of Equity Research, Greater ChinaMorningstar Nov 2020 - Jul 2023Chicago, Il, UsLed cross-sector team of 11 analysts and associates covering A-shares and H-shares in the Greater China markets. Mentored the analysts and provided research and career coaching. Continued to cover full list of pan-European FMCG companies.Lead analyst on pre-IPO research on consumer companies in China on behalf of BNP Paribas-Morningstar co-branded research. -
Director Of Equity Research, JapanMorningstar Jun 2017 - Nov 2020Chicago, Il, UsLed and mentor team of cross-sector analysts in Japan. Continued to cover full list of pan-European FMCG companies. -
Senior Equity Analyst, VpMorningstar Jan 2014 - May 2017Chicago, Il, UsPublishing analyst covering FMCG / staples. Coverage spanned large cap and mid cap across food, beverages, tobacco and home and personal care.Correctly called the top of the tobacco group valuation by anticipating slowdown of heated tobacco adoption using Bass model forecasting. Early call on the erosion of competitive advantages among large-cap consumer products manufacturers. Price-driven sector growth has subsequently slowed.Collaborated with cross-regional consumer analysts to redefine the economic moat framework for consumer staples categories. -
Equity AnalystFederated Investors Sep 2011 - Jan 2013Pittsburgh, Pa, UsBuy side analyst covering retail and consumer staples for large-cap core and mid-cap growth funds. Created infrastructure for covering the consumer staples and discretionary sectors using empirical data. Carried out top-down macro, industry, and fundamental bottoms-up analysis of companies. Produced financial models and made investment recommendations to portfolio managers.In retail, generated 8.3 percentage points of positive alpha over the S&P consumer discretionary index in 2012. Top picks were MOV (69.1pp positive alpha), LULU (29.6pp), FRAN (28.2pp) and FIVE (23.0pp).In staples, generated 4.7 percentage points of positive alpha over the S&P staples index in 2012. Top picks were SAM (33.4pp positive alpha), MKC (17.2pp), PM (9.7pp) and KMB (7.6pp). -
Associate Director Of ResearchMorningstar Jun 2011 - Aug 2011Chicago, Il, UsAssociate Director of Equity Research in the FMCG/staples sector, spanning the packaged food, beverages, tobacco, household and personal care, and food retailer industries. -
Senior Equity AnalystMorningstar Oct 2010 - Jun 2011Chicago, Il, UsMade early bullish calls on Boston Beer (SAM), due to the long-term, secular premiumization trend in the US alcoholic beverage market that had not been fully priced into the market value of the stock, and Lorillard due to the below-industry volume decline rate of its core brand and low probability of a menthol ban. Preferred PepsiCo over Coca-Cola for several years due to the underappreciated snacks business.Mean annualized outperformance of buy calls versus S&P 500 was +24.4% between 2008 and 2010; median outperformance was +7.4%. -
Equity AnalystMorningstar Jun 2008 - Oct 2010Chicago, Il, UsEquity research analyst covering consumer staples and discretionary, including Philip Morris, The Coca-Cola Company, PepsiCo, and Harley-Davidson. Media appearances include BusinessWeek, CNBC, Bloomberg TV, the Financial Times and the Wall Street Journal. -
Equity Analyst (Intern)Keane Capital Management Inc Jun 2005 - Aug 2005Equity analyst in long/short hedge fund, focused on small and micro cap US equities. Analyzed a broad range of companies and industries, particularly the alternative energy sector. -
Market Risk AnalystRbs International Mar 2001 - May 2004Jersey, Jersey, JeMarket risk analyst for Treasury Middle Office. Built and maintained risk models to monitor fixed income, foreign exchange and cash positions of the offshore bank within the Basel II framework, and communicated data to the bank's ALCO. Responsible for value-at-risk, liquidity and stress test analysis, as well as marking to market the loan book. Improved risk management processes by creating stress tests using historical and mechanical scenarios. Strengthened capitalization and alleviated credit risk by identifying assets to be securitized. -
Management TraineeSkandia Life Assurance Co. Ltd. Aug 1999 - Mar 2001Stockholm, SeManagement trainee in Investment department. Responsible for valuing funds, funding foreign exchange requirements and covering asset / liability mismatches.
Phil Gorham Skills
Phil Gorham Education Details
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University Of North Carolina At Chapel HillAccounting -
University Of North Carolina At Chapel HillBusiness Administration -
University Of SunderlandBusiness Economics -
Dame Allan'S School
Frequently Asked Questions about Phil Gorham
What company does Phil Gorham work for?
Phil Gorham works for Brandywine Global Investment Management
What is Phil Gorham's role at the current company?
Phil Gorham's current role is Equity Analyst.
What is Phil Gorham's email address?
Phil Gorham's email address is go****@****ing.com
What is Phil Gorham's direct phone number?
Phil Gorham's direct phone number is (607)-974*****
What schools did Phil Gorham attend?
Phil Gorham attended University Of North Carolina At Chapel Hill, University Of North Carolina At Chapel Hill, University Of Sunderland, Dame Allan's School.
What skills is Phil Gorham known for?
Phil Gorham has skills like Equity Research, Financial Modeling, Valuation, Equities, Investments, Financial Analysis, Investment Management, Fixed Income, Analysis, Equity Valuation, Portfolio Management, Risk Management.
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